TV2 0.00% 0.8¢ tv2u international limited

Pretty tough question to answer at the moment, IMO K2U could...

  1. 372 Posts.
    Pretty tough question to answer at the moment, IMO K2U could provide up to $1mil revenue and if Divan Hollywood ever gets launched I believe it could be in the order of $3-5 million revenue. If my calcs/guesstimates are correct I don't believe that will get TV2 to cashflow neutral by the end of the financial year. OMT revenue, from what I've seen so far I'm not expecting anything substantial, that could change of course, but so far it appears to be a signed deal for the sake of announcing to the market that TV2 has another deal IMO.
    If TV2 could become cash flow neutral or with signs of growth towards that milestone it would be conceivable to see 10c as the SP, but that is a long way off based on the progression of previous deals and the ongoing delays.
    $10 mil net profit for full year..................... well hmmmmmmmm.
    Skorz
 
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