CM8 5.41% 3.5¢ crowd media holdings limited

breakout alert.., page-16

  1. 232 Posts.
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    My TA isn't crash hot. Care to elaborate on your thesis? What specifically do you look at to make that assumption? Are you simply calling out 35-36c because that was the previous high?

    From an FA perspective, not sure there are too many catalysts between here and the half year (maybe another strong quarterly update). Debt to get paid down alongside real (not 'underlying') EBITDA numbers to help the market believe it can trade on a higher multiple.
 
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