We all know the cash situation, and are still waiting on confirmation of incoming revenue.
But here is where faith comes in. Perhaps I'm too trusting of the new management to get the job done, but I believe they will. With the old management, I would be worried, but I no longer am.
The new management have shown what can be done and changed in a few weeks. Also, do you really think someone of Andy Brown's calibre would join a company that would go into voluntary administration a few months later? Who in their right mind would do that? We're not talking about some random guy off the street here. Also, why would companies like SOL, Divan, PGAS, etc even waste their time with TV2 if we weren't going to be around?
If the new management disappoints, then yes, I will be less trusting and more critical later on, but for now, I have complete faith. This decision certainly has paid off for me so far with the recent share price rally.
TV2 Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
