But is there a reason why this guy is taking his 16M out at the 3s?
I'd say to participate in placement in a meaningful way. We'll soon find out.
Also CNN have an ANN every other day, along with their shares on issue being to the moon! I can't see it going much higher... but it's on my watch list
Hope I'm missing something?
If they keep rolling out announcements like this they will surely become cash positive. I believe proof of this over will be the impetus for a re-valuation. It's marketcap is under $10mill atm.
CNN Price at posting:
0.3¢ Sentiment: None Disclosure: Held
