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5.41%

3.5¢ crowd media holdings limited

Ann: Completion of $5.4 million share placement, page-38

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gassed

13,065 Posts.

187

21/04/17

14:59

Post #: 24196548
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Originally posted by gassed ↑

Sharks. Thanks for you tutorial on investing. I'm only interested in what the company IS doing and how the market has and is responding to it.
Why enter into a personal critique when so much pleasant stuff is finally evolving?
I'll sit this discussion out.

Except to reinforce one point that I was trying to make, the cause of the SP hitting those lows.
Imagine if those initial shareholders, of all denominations, had contributed fully to that initial offer, management would have had an extra $10 million which they then had to beg for at extortionate rates for which we have all had to pay a heavy price.
That's not BLAMING those shareholders it is defining a CAUSE for the very large part of management's subsequent problems.
But, I believe that the wheel is certainly turning and the company and its CEO will now be judged by their business performance not the amount of their debt (which, again, COULD have been $10 million less from day one).

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In fact, that should read $15 millon, imagine the difference that would have made if LT holders(and not underwriters) had made that contribution???

CM8 Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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