Lite Access Technologies Inc V.LTE

RE:RE:RE:LTE Canada

[dart321]

My, my look at this haven't checked on it for a few weeks. Bought a nice chunk in the low thirties because I like the prospect of increased revenue over the next six nine months but didn't expect it to move this high this fast. Oh well it just means it might reach my target price that much faster.

[Backwardblade]

Covid has work rate on the one city down roughly 50% of capacity. Ramp up on other 2 is moving along at expected rates.  That being said they are working, and can increase production at every opportunity.   Numbers probably not the best in next release, but will progressively show improvement q on q till year end. And I personally see them offering very favourable guidance/updates

[mirdad22]

Excellent report and prognosis..........this appears to be a COVID19 play.  The reason being is the more people working from home are demanding higher quality internet.

[Backwardblade]

It is, in that sense. But in the long run its an infrastructure play. The UK doesnt have effective internet. Period. The telecoms have been promising 100 gps speeds for years, but its been moving at a snails pace. Always choosing the lowest bidder. They arent getting it done, or are going broke. Tearing up streets. But the telecoms need the fibre to lock in long term contracts and secure a revenue