TVN 3.92% 4.9¢ tivan limited

tivan, page-32

  1. 1,687 Posts.
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    They don't have results yet.
    Last update was that all the testing activity is expected to be completed by the end of June.
    We're still in June, and they're still testing.
    I would suggest that the 14 days originally quoted did not go exactly to plan, and there is additional work to finalise the system.
    Scary? yep. Big deal? Could be - but IMO only a matter of money.
    If you're scared, add 6 months to the development, and $50M to the capex and see if you still like it.
    Still looks like a massive buy to me.
 
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