CTV 0.00% 0.8¢ colortv limited

Ann: February 2020 Trading Update - EBITDA Profitable, page-78

  1. 6,849 Posts.
    lightbulb Created with Sketch. 1440
    Why is EN1 keeping staedy, probably the ones feeding the unlimited supply of shares have pulled their head in while the volumes are low. No use offloading if people are not buying.
    EN1 has already come down from 5 cents, So you have allot of trapped holders who will hold. The advantage of EN1 being a on the virtual world with no need for face to face business is probably why its holding up well but longer term well thats the 64 dollar question. Some businesses will not have a product to sell due to supply dusruption. Have watched speccies not budge for weeks then it drops like a stone in a day. On the bright side you have the carrot dangle of record revenue, but this is a bit misleading as its compairing against crappy results.
    The credit game has changed so I question Net Zero model in this environment.
    If Ted has survived through the shjtstorm of the past, He probably has more experience of keeping his head above water than someone who has never experienced bear market pain.
 
watchlist Created with Sketch. Add CTV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.