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Where are sells coming from and who is picking up the shares?

I think the management have been very annoyed by the lost accounts. Especially BP after they told Hamp Wall face-face they wouldn't move until early 2020's.

The result might be a very determined Proactis management ready to show the market they are filling the gap fast and the results and forward look better than the big seller can imagine.

Find out soon.

I don't know why someone is unloading but I reread the interim and didn't think there was much to panic about if you can wait for the results to show over the next few years. Shame about the losses of customers. I think the losses were expected but not for a.while longer but they happened sooner. It might be the thought of future acquisitions that has spooked a big investor?

Sub £1 I think this is an opportunity if you an wait 18-36 months for a payback.

it gets bought at 20% premium else more money needed and a slow death spiral to zero.
Basket case.

There was a trading update 1st August last year. Given the recent news I would expect one this year too.

It NATO, not Chinese. A chance of a very positive trading statement before the end of the 6 month period that helps this climb further.

Give it time, its heading much higher. You dont win these contracts without being the best and it would be no surprise to see more from factory, space systems etc all of which will pay top $.

You might be surprised, IoTUK, "In the context of satellite communication technology choices, the global satellite. Machine-to-Machine (M2M) and Internet of Things (IoT) market will reach 5.8 million in-service satellite M2M/IoT terminals by 2023." http://www.satixfy.com/satellite-iot-platform Watching ORBCOMM for a while, https://blog.orbcomm.com/why-satellite-for-iot-6-key-advantages/ https://www.iridium.com/solutions/iot/ Broadband useful but other market gaps available to plug.

Everyone assumes the network will be used for what it has been used for in the past. Possibly not so. In the recent past Hargreaves has invested in ground stations. Someone, somewhere, has seen an opportunity. Small fry like me don't know what it is but Mr Mills doesn't screw-up too often and other money going into Sat Ground station makes me wonder. They know something. I bet the FCF is good in any case.

I might not have been ambitious enough with price target. Looking like demand is real and not yet satisfied.

Starting to draw more attention now, could be some news due rather than just appearing on radars, but I think something is brewing that is game changing and the market is picking up on it.

I think there's a lot more going on than we guess. When you have all the Daimler sites, some BMW etc don't tell me others are not in the queue. Same for the fiber and cable/utility planning and expected Salesforce software release. It could go parabolic due to the chart, news and next few sets of results with forward look. Next set may not be breakeven yet but getting closer. Infrastructure roll-out (expect a lot of that) can use myworld etc. It's in a decent place so long as they don't do anything silly.

They have product approvals in China and think they fitted out a Mini plant there. The rep company is mentioned below. http://www.m2.com/m2/web/story.php/20096F42A0C2DF8F91AB802576550029DFC2

Did a search and they had a rep company working China. I've no idea if they had much success. Certainly little news so far. I do expect them to be bought-out, or possibly sections, at a much higher valuation than today. As it is I think some of the major holders will prevent any take-over until they have made a multiple on their investment.

They will have to raise debt if they don't put a cash call on shareholders. How much and when?

Someone wants more out of the hands of pi's without paying what it's really worth. Games people play.

2 tranches spread over 2 days of total about 875K shares out of the blue. Somebody wants in at about 52p.

Volume hasn't been high but can we say resistance around 50p has been broken and will become support?

https://www.businessweekly.co.uk/killer-50/50-insider/daimler-puts-ubisense-driving-seat https://www.businessleader.co.uk/finding-the-right-synergy-between-going-global-and-staying-local/44550/

There will be some making a handsome profit out of this going forward having held their nose and bought over the past 2 days imho. Bargain, not many of those fly past the window.