It's nothing to do with tailco, just nick is the only holder with more than 5% of the shares on the registry so they need to call out that he will be diluted.
I don't expect the con note holder is going to sell at 0.005, so I'd be expecting 0.018 after shareholder approval as a minimum. If the share price is 2.5c or 3c for 5 days, then the is the floor for conversion.
I'm pretty sure we will see a few announcements in regards to revenue, sol go live, pgas soft launch, set top box progress over the coming weeks
TV2 Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
