*Hi Blue,
I can only repeat a point in a recent post. We are not in a good position to know what all of the causes of the obstruction are but many things may contribute.
Product
Price
Positioning
Competition
Environment
Supply Chain
Market Access
Politics
Demand
etc.
I am not looking to find the golden argument so much as acknowledging that regardless of what contributes how much to Wave's reality, we can instead disregard the detail and measure the outcome.
What matters isn't so much why as the simple fact that the income isn't there.
You might note, however, that it may be there is simply no market to enter. If so, management isn't a key variable. Wave's whole corporate purpose in pursuing the TC "opportunity" is a dead duck.
As I wrote several months ago, I think it is a rebuttable presumption that there is no material interest in Wave's VSC 2.0. It's up to Solms to perform the rebuttal. So far, he isn't doing well.
