It is impossible to consider whether these figures are realistic until there is some understanding of their basis, and l expect that is the question they are being asked by the asx.
This is all imo, but this is a regular occurrence for stocks making significant revenue assumptions/announcements. Questions that first came to my mind were?
What are the inherent costs? Capital costs? recurrent costs? Is Zee Bioskop providing free content?
What are the subscriber numbers based off? Market research, market analysis or plucked out of thin air?
Is the 50% revenue share conditional on reaching a certain subscriber base?
What is the b/e point?
Where's IndoSat’s Announcement?
Just a few quick thoughts.
In 3 lines the company has made a significant announcement that isn’t imo appropriately quantified. However, if this is indeed a request from ASX to clarify details to the market, the company has a second opportunity to sell the news. As a minimum it is good to see further progress with IndoSat.
I look forward to seeing some updates on our other projects and clarification about CR endeavours.
GLTA
TV2 Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
