My average is still 400 - will have to sit tight for a long time on this one. To be honest I would be very happy to come out on par
bargain at these prices - anything sub £30 is a steal
still think £8 is reasonable in the next 12 months
Innerman - I'm long here mate I think the target price >£8 is more realistic and Q1 2014 looks like it was the outlier here. The room for expansion further into Australia and other countries poses fantastic opportunity to grow the customer base leveraging off the current platform. GLA LTH
If you focus on income, new customers and average customers between Q1 2014 and Q2 2014 the results are not so pleasing
Qtr 30/6/14 Qtr 30/6/13 Qtr 31/3/14 Qtr 31/3/13 Revenues Number of new customers $45,497 12,549 $24,876 12,270 $60,745 20,124 $19,796 12,356 Number of active customers 38,652 35,947 50,438 34,127 ARPU $1,177 $692 $1204 $580 AUAC $993 $679 $576 $758