RE:RE:ICAO distress tracking mandate delayedFurther to my earlier post, here is a scary refesher for longtimers and news for newbies. I first bought in (to Aeromechanical) in 2005 @ a pre-consolidation price of $0.30 and sold them in 2006 @ $0.60. That was long before AFIRS and most of the products they have today. $6.00 today would look very nice. In 2008, I sold some for pre-consolidation $1.05 and if memory serves me, it got over $1.10.
They have developed the product but have just never been able to execute the plan. The market has seen this happen over 15 years and will make them prove they can execute before rewarding them.