CM8 5.41% 3.5¢ crowd media holdings limited

CM8 - What could be the positive catalyst?, page-36

  1. 1,816 Posts.
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    I bought on listing plus the rights issue at 0.25 so can empathise with singed fingers if he did the same as it has been a costly exercise to date.

    But as you say you have got to look at what it is today, not back then. There’s a lot of water gone under the bridge, the team and infrastructure are far more developed, debt has been reduced significantly, cash flow will increase and share price is a third of what it was at the time of $0.25 CR.

    Who knows, singed fingers could prove to be correct and whilst I’m also not happy with some of the past goings on from management, personally I see this as a recovery story from here and so I choose to stick with it.

    (Just my opinion of course and others need to do their own research.)
 
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