TV2 0.00% 0.8¢ tv2u international limited

I am merely asking a question, all I see at the moment is...

  1. 372 Posts.
    I am merely asking a question, all I see at the moment is another unsubstantiated overhead. Any extra overhead for a company without revenue is not helpful especially in the short term.
    $2.6 million in the bank, $900k outgoing the last quarter, 2 new offices and employees to run on top this coming quarter will tak outgoings to $1.1-$1.2mill, giving approx 6 months of working capital. Companies never wait till the last minute to raise so expect a raise announced at the end of this quarter. How can the management team stop this sp tanking and give current holders value by not diluting our holdings at 1.7-1.8c per share?
    Skorz
 
watchlist Created with Sketch. Add TV2 (ASX) to my watchlist

Currently unlisted public company.

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