Mint Wireless (MNW) gets rare day in the sun with the stock up 10% to 11 cents on new taxi contract win and 61% rise in Sept quarterly revenue

Brendon Lau

Vantage Point Partners

Mint Wireless (MNW) gets rare day in the sun with the stock up 10% to 11 cents on new taxi contract win and 61% rise in Sept quarterly revenue. No financial details released but the AusCabs contract is not likely to be very material for FY15. News will take a little pressure off management at upcoming AGM, but it will need to deliver an accelerated pickup in quarterly sales to meet my FY15 sales estimate of $11.6m, which is needed to support a price target of $0.34. Fingers crossed shareholders! (VIEW LINK)


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Associate Director - Investor Relations
Vantage Point Partners

I am with Australia's leading small caps investor relations and media relations firm, Media & Capital Partners. I worked as a small caps analyst and journalist prior to MC Partners. Views are my own and should not be regarded as advice or...

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