As sharks mentioned, they decided to invest money into digital influencer division instead of repaying down the debt.
Q and A still growing
Subscription is expected and in line with 2h last year. Why would anyone expect anything different?im happy they have arrested the decline
Crowd media - so finally they have released some numbers. $1m sales in the first half. So currently $2m in a year. With any luck this will be a $20-30m sales division over few years
At this rate net debt will be 0 by end of March or April and whole loan to be repaid by January - yes repayment slower than what we all expected but this is 100% due to crowd media investment.
Also 80% of the current share options expire in August so that is something to remember.
Im probably looking at this differently to most of you so I'm not sure when the share price will go out again
CM8 Price at posting:
8.7¢ Sentiment: None Disclosure: Held