And so the wait continue's a bit longer, seems to be a bit more support on the board, things got pretty thin for a while there, really surprised 1.2 cents never got tested? will be interesting to see which way it heads from here. Positives are, there aren't many shares on issue, media business in growth area according to Directors, Debt refinancing seems to be progressing, not to many opts given away for time extension and at a higher exercise price than current SP. Negatives perhaps are, that the new debt will probably increase due to accrued interest and the need for working capital, still many unknown's regarding revenue from other divisions and whether they have indeed stabilised or increased. If we have indeed seen all the low's, and the restructure delivers the saving's indicated and the revenue and positive cashflow increase enough to cover the increased debt (speculation only), then with all the previous write-off's having taken place, things could be finally turning around for this little Tech company. Would really love to load up at this market cap......might be the opportunity of a life time, or a complete disaster....DYOR
CM8 Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held