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0.8¢ colortv limited

On insta "appears successful"On quarterly "can't run a bath"

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L33thal

2,281 Posts.

23

02/02/22

11:11

Post #: 59296280
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Originally posted by BigWill2018: ↑

oh agree a 20:1 would only make the SP ~2c given it really is sitting at 0.1-0.2c and would make it hard to raise with only ~1M in cash receipt on what is meant to be one of their biggest qtrs.

This isn’t even looking at all the other issues including the legacy debts, director loans, legal action (which is continuous), the SP decline from 25c to 0.1c, using factoring to keep the company afloat all whilst Ted is showing off a flashy lifestyle and being paid 20% of the MC p.a.

The broker would likely be wanting a hefty fee to do this as it isn’t a simple CR.

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On insta "appears successful"
On quarterly "can't run a bath"

EN1 Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

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