Originally posted by Fishinnick
When are they going to wind this thing up do you think? Who's going to participate and mad enough to shell out for a CR here, your .003 seems quite generous doesn't it?
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 as
sets
last year compared to the AU Software industry average (Return on
Assets)
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.