Two things keeping me out still:
1) Where is SMS. We need an update. I'm pretty confident they're still in, or Grant wouldn't be all-in on Speewah;
2) Raising capital. It is inevitable. And the urgency is now dialed up.
$5.9M left in the kitty Jan1. Probably sub $4M now. Then sub $2M with the $2.5M cash payment for Speewah.
TVN need:
~$10M raised urgently for the next 12months operations;
+ $10M for Speewah acquisition within the next 6-12months.
Not to mention the $10M of shares being issued to KRR.
In total that's $30M of capital issued for a $100-$120M Market cap company.
I do think it will be money well spent medium to long term, but short term I do see a handbrake on the SP that won't be released for some time.
Grant's next priority will be addressing my points 1 and 2 above, if he can address them together then all the better.
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5.6¢ |
Change
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Mkt cap ! $96.48M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.5¢ | $111.9K | 1.964M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 203955 | 5.6¢ |
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Price($) | Vol. | No. |
---|---|---|
5.8¢ | 77000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 203955 | 0.056 |
9 | 741436 | 0.055 |
6 | 442480 | 0.054 |
3 | 128797 | 0.052 |
2 | 700000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 77000 | 1 |
0.059 | 45500 | 1 |
0.060 | 57600 | 2 |
0.062 | 228000 | 2 |
0.063 | 100000 | 1 |
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