I love it when Directors start to throw their own skin into the game. Time to load up on some more.
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I love it when Directors start to throw their own skin into the game. Time to load up on some more.
Nice one ike...getting there one step at a time...
ikeGPS (IKE) today announced that one of the largest communications infrastructure companies in the United States has standardized on the IKE platform for all pole-related 5G and fiber deployment processes.
Relating to the announcement, IKE CEO Glenn Milnes, commented.
+ We are pleased to be working with this tier-1 infrastructure group. Our objective is to get them to market faster, be it fiber or 5G construction. For this particular customer, the IKE platform has proven to more than double their pre-construction speeds for network deployments.
+ The expected revenue impact is not yet defined however we believe this will have a positive impact on our financial performance FY21 and beyond, and on our broader position in the North American market.
https://www.nzx.com/announcements/356424
Should expect few more announcement along this over next few months as they keep cracking big customers.
Explains the intention of directors when they buy it on market, especially someone like Mr Ratcliffe (ex Chorus), they know what's the potential ahead.
Buy on market by Directors is usually a dead give away that things are looking very good for the coming years.
Few decent lots going through at 75c mark....
Cap raise at 68 cents for ~$20m
Another 30 million shares (currently just over 100 million)
Should keep them going for a while
Another SP price drop coming up then?
Their last announcement had one of the largest US communications companies using their platform with positive impact on fiscal 21... now a raise at a discount