Problem with 4TS has to be one of the following......
1) The location is crap, too high from street level, poor exposure.
2) The technology is not as good as we had thought.
3) For some unknown reason Clear Channel are not trying.
I would really appreciate others opinions (if anybody is bothering to follow this stock anymore...)
I have racked my brains but cant think of any other reason. The American economy is booming, it isnt as though advertisers are broke. There just has to be something wrong with this stock, it should do very well but it always snatches defeat from the jaws of victory. I dont know what the problem is, i have spoken to Rodd many times and he doesnt sound stupid - quite the opposite in fact. I suspect the problem is the business model, it is just too hard to get it off the ground. They should have stuck to basics and just sold what appeared to be a good product, plenty of stocks on ASX succeed with sales. Dilution is going to become an issue now as well if they are forced to raise capital at 4-5 cents.
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