CM8 5.41% 3.5¢ crowd media holdings limited

Some time over the next month or so i’d Like to see an...

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    Some time over the next month or so i’d Like to see an announcement fromCM8 about it having zero net debt.

    This wouldn’t actually say zero debt, but might say receivables plus cash at bank equals so much and this exceeds total debt of blah.

    The debt burden carried by CM8 has been a critical factor I believe holding back the SP. I don’t think we got enough bang for our buck last year from the CR used to pay down a sizeable whack of debt.

    I’ve been highly critical of the decision by CM8 to jump lock stock and barrel into the digital influencer space because I don’t buy into the cult of personality palaver that underpins the digital influencer space, and the sheep who pasture there.

    But i’m happy To be an outlier, a fringedwelling fossil as regards the dynamics in this emerging business sector.

    The half yearly accounts and DC’s i/v with the beard from CBA clearly show this side of the business has developed considerable momentum and considerable expertise in this most abstract of sectors. Good luck to them.

    Maybe the net debt news could emanate from the non-executive chairman, for instance, and in doing so underscoring a feeling that CM8 is more than a one-trick pony.
 
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