Ann: Half Yearly Report and Accounts, page-15

"Timing was perfect."

I accept your general point @stevey007 re the timing comment.

However, timing is everything in a great number of things. In one way the timing shows a strategic intent. Anyway, had the announcements been reversed we would have had the 83.33% upswing today. The contract was coming irrespective of the half yearly.

As for the auditor's cap raise note - these types of companies are always asking someone to put their hand in their pocket. No surprises for me. Fact is - had they not conducted earlier cap raisings they would not have been around to secure the SOL contract - it's all a matter of perspective.

In my view it is always better to do a cap raise on the back of some solid contracts and at a better indicative price than where we were last week. Not sure if we are there yet though. Today's SP action (and over the remainder of this week) might be a significant contributor to decisions around a cap raise.

And given @JimmyEyebrow (and others) penchant for scrutinising absolutely everything TV2 management does - we should be hearing their views on the half yearly very shortly - I imagine.

I await their most solemn prognostications.

Enjoy the day folks - and spare a kind thought for the SGH holders - simply terrible what has happened over there.