CTV 0.00% 0.8¢ colortv limited

General Discussion Thread, page-1295

  1. 6,567 Posts.
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    Not too far off Plooto for a call like that, some people thought the market would continue running indefinitely. Safe to say a down turn has well and truly kicked off, BBOZ would have been nice a couple of weeks ago.
    Any predictions on how long this is going to last? Market (ASX 500, XAO) is already down ~26% odd from the highs, my punt is a floor XAO 3700 in October this year, bumpy plateau for 12 months, then growth to gradually go back on the increase with a period of strong growth. Going to be some great opportunities.
    What does it mean for EN1? Well, they're positioned well from an operational perspective, ie/ cloud based co with minimal staff. Not sure how it will impact funding, sales etc, could be some challenges. Fortunately for holders Ted has experience with tough times, back half of 2018 and should be well equipped on how to manage EN1 moving forward.
 
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