When divan launches it tells me two things
1. they're getting 50% rev of a business that is growing at a fast rate (that can get a 1mil rev).
2. the technology is in place and it works
That along is around 5c imo,
Pair this up with a new deal like divan is then around 7-8c in the pipeworks
If the ann/ company update is good then it will support around these levels. If no other deals are dead then i can be higher. Note people put sell orders to get rid of it and they prob have forgotten about it (the higher end orders).
If they get the ann's posted then it is first come, first serve. Who will sell on good news (look at the SP)?
TV2 Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held