Just a quicky from me regarding my general sentiment on this theme of share price and time period required for substantial improvement.
At a time like this when the price is down, especially considering the cause - reduced revenue forecast and delay on OTT/IOS - it may not be the best time to suggest an uphill trend in sp is nearing. But I'll say it anyway.
On what grounds? I believe the recent OTT revenue 'downgrade' is having too much read into it, and its effect on the sp will be corrected soon enough with ample news flow. There are a lot of irons in the fire when we consider geography expansion. Even though it has been said that revenue is the only real mover of this beast, we musn't forget that there is something even more fundamental in the causation of sp movement: the perception of tangible causes. The sight of gold is the real deal, but the smell of it can get investors saliviating too.
The board we have are not sitting on their laurels and they will not allow the sp to descend too far.
Apart from a small delay with the IOS launch, everything is going well. Even on OTT, as LOTM has tentatively shown, it is no coincidence that Freeway is rapidly escalting in the US at the same time that Overpass has partially entered the market. If you consider this in light of the enormous shift to mobile device entertainment, including in the US, and especially with TV cord cutters, there is an existential conviction - at least for me - that SYT's tech is going to quickly become a true success story.
Will follow up further asap.
(Get 'em while you can if you can spare the time for growth).
