You see I was asked that question about a month ago when SP was at 3.7 cents and gave my reasons why.
Never mind I said the same thing at 7.2 ask Vendor.
The trouble is when I give an opinion I get abused, but I'll say this, I can guarantee you that this morning's announcement from Tom Young was totally forced by either ASX or ASIC such you can tell the weak and reluctant response from his previous posting to Scarpa
Even if TV2 invented a cure for cancer but kept on raising money and burning cash at a rate of 1.5 million per quarter they will be skint by September and don't forget they ''plan'' to get Divan revenue by August or so they say. Is this another BS line? Remember they said the same thing way back in March that it will be happening in May.
How long can you guys wait? Meanwhile they are burning cash by the hour!
BTW remember your mate Tom is an ex stockbroker 'nuff said'!
TV2 Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
