"Well I you focus on management you would have to look at the reporting yes!" - NO.
A large amount of companies in the speccy end fluff up their anns and word them precisely so they don't get into trouble, what normally happens is either they don't eventuate or take forever. Cash burn v Cash Recipts is what speaks always, those financials in quarterly statements are all that matter IMO.
Also, I now don't think TV2 is going to announce anything until July. They may wait until Brexit and tax loss selling is done IMO and start fresh from July 1, who knows what the SP will be by then. Hopefully it holds.
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