Hi @Fishinnick
"Who's going to participate and mad enough to shell out for a CR here, your .003 seems quite generous doesn't it?"
Well ... it definitely wouldn't be me at this stage ... that's for sure and certain. I would wait until this thing is de-risked - e.g. the delivery of significant income from one at least one of their transcontinental "launches". Maybe just enough to change the loss making reference from point 7 from my earlier post today (see below).
"7.It is difficult to establish if TV2U International has efficiently used its assets last year compared to the AU Software industry average (Return onAssets) as it is loss-making."
https://hotcopper.com.au/posts/37031396/single
Next announcement, in my opinion, will be either;
(a) a CR or placement (read share giveaway) or
(b) an announcement of some other 'launch' to push the price upwards then a TH to announce (a)
And yes - I think 0.003 would be generous as well. Which is why I suspect point (b) to play out.
Just my views.