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DragonWave Inc DRWIQ

DragonWave Inc is a Canadian company which provides high-capacity packet microwave solutions that drive next-generation IP (Internet Protocol) networks. It operates through the single segment being Broadband wireless backhaul equipment which includes embedded software. The company's product line includes Harmony, Horizon, Avenue, and NetViewer. The company operates its business in Canada, Malaysia, and another region. The majority of the company's revenue comes from Canada.


OTCPK:DRWIQ - Post by User

Comment by bailey2on Apr 26, 2017 4:58pm
242 Views
Post# 26170782

RE:RE:RE:Delisting

RE:RE:RE:Delisting yeah , and accounts payable was around 23 million with receivables around 13 . The price sure does not indicate that it is going out of business? I'm hopng cheap takeover. I don't think anyone was interested in them once they saw the gig they had with Nokia where after paying all that money for the microwave division, Nokia had that sweet deal that they would split profit margins. That is gone . They have somewhere around 200 customers worldwide, and a decent product. I'm thinking takeover in the next week or two. I think it will go cheap. 2.80 u.s.. Emailed them about CIBC world markets being retained. They replied that yes "the board has engaged CIBC to review strategic options as indicated in their public disclosure, the process is ongoing and can't comment any further at this time." fwiw
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