CM8 5.41% 3.5¢ crowd media holdings limited

CM8 - What could be the positive catalyst?, page-35

  1. 3,513 Posts.
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    Von Rico, Singed Fingers May well have got his digits badly burned by the two-thirds slump in CM8’s SP in the short time since Sept. 2017, cause enough to have a lash here, there and everywhere.

    So now he can’t see the wood for the trees, just scorched earth, and as he’s no longer holding, the upside doesn’t exist, for now.

    But any reasonable analysis of the business shows it to be in pretty decent shape and, against an Oz equity market backdrop of massive flight of capital to all things lithium and cobalt, the SP way oversold.

    This is where the net debt announcement would be more than useful. It could spark some genuine interest and in turn SP demand, well above the bottom feeding bbuying we’ve seen in the past few weeks and that could underpin a serious upward rerating.

    Interesting points you make about the digital influencer market. The number of campaigns already completed and underway suggests they must already be attracting attention.

    Perhaps a digital influencer market update could come before a net debt announcement, which of course would be the very acme of modern marketing: “look at moi.”
 
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