CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Crowd Media Undertakes Refinancing of Debt Facility, page-17

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  1. 1,241 Posts.
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    Ok, I'm just going to leave this here, but if you read this you'll understand why in my opinion Track was written down to nothing, as this explains a dying business model. Which has been slowly struck down around the globe, country by country.

    https://www.abc.net.au/news/2019-01...-sms-fraud-zhenya-tsvetnenko-charged/10762314

    In my opnion Dom tried to catch this dying wave by buying Track's direct billing relationships with international telcos. Unfortunately that didnt work out. Cost $25 million or so in shareholder funds, in my estimate. dyor.

    Hopefully this pivot to influencers does better. And hopefully this post doesn't get modded too soon.
 
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