TV2 0.00% 0.8¢ tv2u international limited

3.5 million customers, page-44

  1. 814 Posts.
    Have a look at their March 2 2016 announcement on their signing of a binding agreement with Divan

    http://www.asx.com.au/asxpdf/20160302/pdf/435jqqjjkdg8rs.pdf

    At the time of that announcement Divan had 1 million subs, it is my understanding it now has 3.5 millions subs, a 250% increase

    The binding agreement gives TV2U 50% share of all profit on ALL net revenue
    Tv2U has predicted in that announcement that revenue will be 25 million in the first 2 years from launch
    The profit on this revenue is unclear
 
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