TV2 0.00% 0.8¢ tv2u international limited

Future Valuation, page-125

  1. 389 Posts.
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    Pity the 1.6c support didn't hold. The chart still looks ok for the moment. The old resistance of 1.4c has become the new support. Hopefully this level will hold otherwise it might get a bit ugly. I feel for those that bought higher only to see the share price come off. It's a bit disappointing, but the same thing happened between 0.7c and 1.4c before breaking out. I have no doubt that the delay in revenue hitting the accounts would have contributed to the recent sell down too. The potential will begin to be realised over the coming months. So I'm sure some will see the current price as a good entry.
 
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