sol, pgas and gtv deals are all about to be announced or already announced.
those three will provide TV2 with on per month subscription fees in revenue, plus upfront and ongoing fees for setup etc..
subscriptions alone in indonesia is forecast to get to 5 million, thats $5m a month, and $60m a year just on one deal in revenue on a $1 per month per subscriber fee.
This is huge and is why the current share price is insanely low.
Once pgas is announced this will shoot for a rerate imo and should be trading at 5 cents
Regarding Divan, I dont believe the deal is off at all and could get the green light at anytime to be honest but i would imagine that the three deals of sol, gtv and pgas are first priority for the new CEO.
TV2 Price at posting:
1.1¢ Sentiment: None Disclosure: Held