CM8 5.41% 3.5¢ crowd media holdings limited

Hi Ricky, as long as there are no unpleasant surprises waiting...

  1. 8,420 Posts.
    lightbulb Created with Sketch. 59
    Hi Ricky, as long as there are no unpleasant surprises waiting in the wings then I have to think that the current SP will in 1-2 years time look like a bargain basement price. Personally my opinion is it will take a minimum of 6-12 months for that value to become obvious (which will stimulate buying demand) primarily because the company is communicating very little other than its 6 monthly reports, which means it will take 1 or 2 of those to show debt still decreasing and sustained growth in its business units.

    Yes Dom's share sale last year has proven to be a big pin prick in the share price balloon, damaging market confidence, which takes a long time to recover.

    I struggle to explain to myself why the SP is at 7c, but unfortunately I find often in cases like this hindsight shows I simply did not understand or was not aware of all the fundamental issues that more informed players are more aware of than me.

    Cheers, Sharks
 
watchlist Created with Sketch. Add CM8 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.