I think one can be clear-eyed about this. It is certainly a shot in the arm and a big confidence boost that any company would pony up $5m to use the tech in the long term. So, while I do support the long termers here (I have held since GAL days) I accept the note of caution. I don’t think it is feasible to forget the litany of disappointments that is TV2’s past, but you do need to see the importance of sales such as this in the history of any start-up.
TV2 Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held