Most of us understand what the target market is for now. There will be more than enough work for the company and growth for the company in this target market for the foreseeable future. I doubt the company will shift its focus for at least a year or two and probably longer. They’ve got their hands full working on a 4G version for Telstra and a waterproof watch. Even when that’s out, they will still have other markets to chase. Later, who knows. They have mentioned they are looking at the pet market but that probably won’t take the main focus off the kids watch- unless it proves to be an even bigger market I guess. Again who knows what the future might hold? As for an adult version for Boating, I reckon they’re more likely to leave that to Apple an others. We have our own big enough niche market.
MWR Price at posting:
$3.30 Sentiment: Buy Disclosure: Held
