first, we do not know for sure that we will be covered but it looks like it. Of the companies presenting on 4/5, Wave and Ampex Silver Mines are the ONLY two companies that are not currently on the coverage list.Why would Dutton allow Wave to present w/o picking up coverage? Doesn't make any sense to waste conf. time & energy on Wave without having coverage! So the will probably initiate coverage on 4/5.
Second, assuming Dutton initiates coverage we do not what rating the will initiate with. it is likely to be a speculative buy but we dont know.....needless to say.
Third, has anyone noticed that On Track Innovations (another co. Dutton covers)is seen as a competitor of Ingenico? My hunch is that the analyst who covers On Track will now cover Wave Sytems.
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