I agree Jazz - this is a big statement as reading into that you can expect YNB to be in the black with a revenue close to the current MC. One could only assume that would push the SP up.
By addressing the 'going concern' which we have all obviously been very aware about in a straight up manner is very open and professional to me, and I'm impressed. Forecasting that Beyond Media will be profitable by Q1 FY18 (and I'm reading that as a worst case) may be longer than ST holders would appreciate, however hopefully with some positive announcements we can get some more interest in the ST to have a working market.
This statement is also of special note for me: is currently in negotiations for external investment in some of its entities, including Gophr and Boppl, which will result in the company no longer needing to fund the operations of those entities. The company expects to finalise the negotiations in relation to Gophr by 31 March 2017. I hope that this means we can get a constructive update regarding at least Boppl's progression and future forecasts in the next few weeks.
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