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Bullboard - Stock Discussion Forum 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... see more

OTCPK:DRWIQ - Post Discussion

DragonWave Inc > Are our expectations wrong.
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Post by Bigpaulbunyon on Nov 08, 2016 9:28pm

Are our expectations wrong.

so befire the PP there was approx 3.5 milion shares, now after the PP my calulations show approx 9 million shares. giving us a market cap of 38 million or pre pp price of over $10.85 cents. if the stock is trading at $6.00 that puts usd at approx $15.45 per share , pre the PP.
are my number, at the end of the last q revenues were 13 million, an d non of these new contracts were included. do we think these 5-6 congtracts equal 50 mill, 100 mill .would we include some of the companies expenses in the last quarter or 2 on acheiving these new contracts. 
if you can assume some of your own fgures, where would that then put where our sp would be. 
lastly why would the compnay be so quiet about what most of these contracts are worth. 
GLA
Comment by claritas on Nov 10, 2016 8:38am
While DragonWave has been selected as a supplier, the procurement process can take some time before contracts and orders are finalized.  I think this is probably the hold up on communications. Also, I wonder if the Company will need additional funds to ramp up for these potential contracts. Finally, recall that the Company will need to add capital to meet listing requirements in the US.