TS03 Inc Trust Units TSTIF

RE:RE:Desjardin's Take on TOS

[screamer9]

Downgraded from $1.10 to $1.00. Management's goal is "aggressive but not impossible".

But the unit selling price is assumed at $100k or lower for those in inventory. $100k based on the Quebec award, but with $0.2 million of consumables, the average revenue per unit in the quarter was $145k. Didn't another analyst have ~$140k price point?

Perhaps pricing in the Canadian market is lower but with what the product has to offer, I don't see the need to blow out inventory at lower prices.