Market's view on One Media
Published on April 2024
- A new window for financial results announcement has been revealed, leaving the exact date unspecified.
- There are concerns about missed deadlines for releasing audited numbers, originally communicated for March.
- Observations indicate a possible big sell transaction at a significantly low share price, hinting at underlying issues.
- The ongoing TCAT development’s financial demands are worrying, especially if they exceed current operational cashflows.
- The company’s stock is perceived as having limited downside at its current levels, suggesting a potential buy opportunity on weakness.
- There are suspicions about the impact and clarity of TCAT revenues and its market potential as previously projected figures do not demonstrate substantial growth.
- Speculations about changes in the board, specifically concerning TCAT, have raised questions about potential strategic shifts, including a possible float.
- Frustration is voiced over vague updates and lack of detailed information regarding TCAT’s progress and impact.
- The possibility of new TCAT contracts and the influence of a new head of sales are anticipated with cautious optimism.
- Observations suggest that the stock price might have stabilized, potentially indicating a new, albeit uncertain, financial footing.