As a former holder, the positive is a better written Ann(i.e. finally someone can write).
Negative, no revenue, more development costs next quarter or two meaning more likely conversion of the convertible bond issues previously = more dilution. Wonder if this means tranche 2 - 4 of the convertible note will be activated (go to the last quarterly if need to understand this sentence). Yeah, revenue just seems to always get pushed out here, so are the timeframes to revenue realistic based on past evidence, albeit there seems to be more focus in this Ann.
Never know what to make of TV2 - always think it is cheap, but never see revenue transpire since I ran into this stock back in 2016. Think, i'll just sit on the fence with splinters until see good revenue come in (too many times bitten now shy). Anyway, hopefully this pays off in 2019 for you all. The Tom Young year's and influence are finally over - Divan, for example, is dead like that other Nigerian play of his LOL and the last rites read in this Ann.
Disclosure is "Not Held", as editing after I posted this.
All IMO
- Forums
- ASX - By Stock
- TV2
- Ann: Key Projects Business Update
Ann: Key Projects Business Update, page-14
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online