CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Completion of $5.4 million share placement, page-29

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  1. 3,513 Posts.
    lightbulb Created with Sketch. 47
    I think you're on the money Breal.

    It always seemed like debt was the big issue with CM8, rather than demand for services.

    With the debt now mostly taken care of, there ought be a tightening focus on the core business activities, which to me have always looked sound.

    Hopefully, the next quarterly will pretty much lay it out for us, and spark a rerating.

    Looks like punters have already discounted the dilutionary effect of the capital raising, going by today's tidy SP gain.
 
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