Whilst I applaud your positive sentiment - I believe throwing caution to the wind here.
When the technology provider is not charging you anything for the platform it makes the decision very easy, we only get money if they are successful in selling the end product, acquiring content etc. These are not guarantee subs they are quoting in announcements, they are expectations and I don't believe there are any ramifications if they are not reached. They are essentially hopes and dreams of both companies and of course, us shareholders.
Shorts do not push the SP down, they are betting on the fact that the price will go down and due to actions on inactions of the company that has occurred. These shorts are really minimal anyway, we are talking a couple of million, but it seems it was the clever money, I wouldn't at all be surprised if it was our majority owner shorting them....If you think that cancun have our best interests at heart, I believe you are sorely mistaken. They are here to make money, they don't follow the rules, and they have been involved in buying and selling on all what are essentially pump and dumps. They have picked up over 165 million shares in the last month, and have issued not a single announcement regarding a substantial change in holdings, he is one slippery snake.
I fear for option holders now also, he doesn't want them extended and he now holds more shares than any single holder on the register, he will vote no and screw over a lot of long term holders if my thinking is correct.
Like I said, I applaud your positivity, and I sincerely hope it is not misguided, but the further I look into this and how we are running operationally, the more concerns I find. I have said before, Nick himself said he does not run companies, he is a visionary and that is a massive concern. We need a leader to ensure we don't have unhappy clients amongst the many other jobs of a successful operator.
TV2 Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held