From the ASX Ann 15th March 2016 "This entitlement issue is to reward current shareholders..." and Nick Fitzgerald CEO commented: 'We are pleased to offer this bonus option to all TV2U shareholders as a show of our gratitude for their ongoing support of our company.'
Well, things didn't turn out as the company expected and it was a bit of an empty gesture. The company want to put things right. The wise thing to do would be to support them in their attempts to make good their intentions. If it wasn't for the loyal shareholders they are trying to do the right thing by, TV2U may well not be here now giving you the opportunity to make some money.
TV2 Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held