CTV 0.00% 0.8¢ colortv limited

Ann: Clarification of AdCel Consideration Terms, page-3

  1. 852 Posts.
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    Overdue no doubt.

    I agree that the prospect of dilution to fund another acquisition, after only being listed for several months and trading at 1/4 of their listing price is an incredibly stupid idea. If they'll make $1.5m EBITDA this year as claimed, wait until they do so, then if the acquisition still makes sense, look into with a share price 2-4 times higher than it is today.

    Another announcement clarifying no further acquisitions until they've bedded down the current one would further stem the bleeding.
 
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