Divan TV was meant to be finalised and delivered in May. An Ann was released pushing this back to August. August came and went and an early September market update said that it was "being finalised"??
The deliberate omission of a date is concerning. It has twice been delayed and the latest info indicates that there are delays for unknown or unexplained reasons and management isn't sure when or if these will be resolved.
This is of major concern IMO. We've been sold these 27 amazing deals yet the only ones delivered are to two minor, previously unheard of, "leading" telecommunications companies.
We need an honest, upfront update full of detail rather than another wishy-washy feel good update that does nothing except raise more questions, otherwise the SP will continue its free fall IMO.
TV2 Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held