TV2 0.00% 0.8¢ tv2u international limited

Ann: Amended Appendix 3B - Loyalty Option Entitlement Issue-TV2.AX, page-28

  1. 2,866 Posts.
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    This is where my anger stems from.

    It's not the price that bothers me. Whether it's still cheap or not is completely irrelevant.

    We were told by management in March, three months ago, that they would give "loyal" shareholders options at 0.0001 - Here we are, almost 3 months later and management are now charging 0.001 instead, after an ammendment, to all and sundry.

    If it had to be changed because management didn't know what they were doing and weren't competent enough to bother checking with the ASX before announcing to the market that they were doing this, then management should rectify their mistake by lowering the exercise price to 3c or 3.5c instead of the 4c.

    Bloody hell I love this product, but here is yet another example of absolutely inedpt management.
 
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