Divan TV, page-119

TV2 imo is in considerable financial duress
They raised under 2 months ago from memory at 1.3c
SP is less than half that now
It would be an impressive feat to generate income somehow in the remaining 6 weeks of this quarter to avoid another CR, and their cash position without a CR will be called into question otherwise as a public company

The risk here is significant imo
The recent glimmer of hope from the appointment of Alan Boyd needs to deliver something and quickly to avoid disaster here imo