I believe management is playing a steady hand with the qtrly. And its just my opinion but I like their approach. News will come. They are building a company in a multi billion dollar worldwide marketplace.
K2u is launched and an update on Divan.TV and the JV with OM Tel, revenue from K2u and any updates on other deals will come and should hopefully come soon.
They are not working to time announcements for share price spikes so punters can make a quick buck. They are working 100% to build strong revenue streams and strong profits for the long term. Then the share price will be strong as well.
But patience is the key here. Excuse my footy analogy but you wouldn't throw your scarf off in disgust and march out of the MCG if you team hadn't kicked a goal in the first minute of the first qtr of the first game of the premiership season and the same applies to TV2U. Give it time and hang in there for the whole season...
The wise will hold or see the SP drop as an opportunity to top up. I'm very positive on the SP in the medium to long term. It's just my opinion and please do your own research and make your own decisions.
TV2 Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held