What's the joke?
Fine they have't got indo signed as yet. But I like the fact that they don't want to fill the shortfall. I actually thought this would be the case, and makes more sense. If they can get funding to get them through this patch, do that, and then raise at multiples after July when you have contracts signed. Obviously whether they get the contracts signed or not is another issue, but let's assume that the new management can get this done. If the believe is they can't , and they will run out of money then I would sell now while it is at 1c.
As far as I'm concerned management are doing what shareholders have requested; providing updates and clarity on their operations. The fact they haven't got deals and revenue going yet is understandable. They have only been in charge a couple of months. Rome wasn't built in a day, a neither will TV2. But if management are true to their word, and deals and revenue come in around July expect sentiment to change quickly, and the shareprice to re rate.
What's the joke? Fine they have't got indo signed as yet. But I...
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