CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Share Purchase Plan, page-25

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  1. 126 Posts.
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    Thanks Ricardo.


    I have a question to pose at the AGM. 


    In August 2018 a RAAS report was commissioned by Crowd and this was made public by Crowd via an ASX announcement.


    It forecast that in five years the expected NPAT from the Media division (after allocating corporate costs for each division) was expected to be less than $2m. All this investment, talk and focus for an expectation of building up to $2m after a total of 5 years!!!  Why?  Is the forecast wrong, in which case why make a false announcement or, is the outlook that weak?

 
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