Hi Rugbysid,
I have inquired previously about the announcements made mid last year of potentially other revenue streams.
All other projects are currently on the backburner as all the company's focus is on getting Brazil and Indonesia of the ground.
TV2U has only 30+ employees and limited capital, so priorities have to be made.
One thing for sure, that any positive cash flow will be immediately invested into the expansion of OTT services into other regions and into the projects such as the one you mentioned above.
TV2U is in the lucky position to have plenty of opportunities to enter into potentially highly profitable ventures.
My guess is that we see some of these ventures taking shape later this year.
The bottleneck for TV2U are not the business opportunities, it is capital and the staff count.
So the focus for investors is rightfully on subscriber numbers as this will determine the speed of development into other regions and the development of projects such as Smart cities, STB and so on.
K
- Forums
- ASX - By Stock
- TV2
- Ann: Trading Halt
Ann: Trading Halt, page-144
-
-
- There are more pages in this discussion • 225 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online