I was very bullish about this pending announcement but waiting for a CEO to announce and making a specific trip back to Australia which was either not or poorly planned spells bad news. If you have good news the CEO can comfortably arrive late to the party or let others take the enquiries. If it’s bad you fly home and take the brunt before making the announcement.
Given we can’t find a cracker about the current live service anywhere and people are actually reporting a retrace of advertising and app availability. I have changed my view to it’s all over in Brazil. Hopefully the news whatever it is doesn’t affect Indo.
Happy to be proven wrong but this isn’t how good news normally plays out.
TV2 Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held