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long story .. down due to short attack

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Eros International Plc Announces Indian Subsidiary Results for the Second Quarter Fiscal Year 2020 Business Wire - 11/11/2019 4:01:00 PM
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Eros International Plc Announces Details of Fiscal Year 2019 Annual General Meeting of Shareholders Business Wire - 11/5/2019 8:00:00 AM
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Eros International Plc Reports First Quarter Fiscal Year 2020 Results Business Wire - 10/8/2019 7:24:00 AM
Eros International Plc to Report First Quarter Fiscal Year 2020 Results on October 8th, 2019 Business Wire - 10/1/2019 8:18:00 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 9/27/2019 4:31:37 PM
Eros International PLC Announces $25 Million Equity-Linked Financing Business Wire - 9/26/2019 8:19:00 AM
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Eros Now Announces Collaboration with Microsoft to Develop Next Generation Online Video Platform Business Wire - 9/19/2019 8:00:00 AM
Eros Now Partners With ROKKI to Offer AirAsia WiFi Users Best of Indian Entertainment and Discounted Subscription Plan Vouche... Business Wire - 9/16/2019 8:50:00 AM
Eros Now: Unravelling The Digital Video Consumer - Looking Through The Viewer Lens Business Wire - 9/6/2019 1:53:00 PM
Eros Now Announces Strategic Partnership with One Plus, To Deliver A Premium Quality Entertainment Experience in India Powere... Business Wire - 9/3/2019 9:39:00 AM
Eros International Plc Releases Annual Report on Form 20-F for The Fiscal Year Ended March 31, 2019 Business Wire - 8/28/2019 4:05:00 PM
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Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 8/16/2019 6:03:27 AM
Annual and Transition Report (foreign Private Issuer) (20-f) Edgar (US Regulatory) - 8/14/2019 4:26:27 PM
Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Eros International P... Business Wire - 8/3/2019 9:45:00 AM
Notification That Form 20-f Will Be Submitted Late (nt 20-f) Edgar (US Regulatory) - 7/31/2019 4:01:12 PM
finesand   Friday, 10/18/19 10:46:52 AM
Re: blulotus post# 315
Post # of 362 
long story .. down due to short attack claim, big big drama.
(Hindenburg bla, company sued them - NY court says it is OK to bash a company with unproven claims/opinions lol)

One failed payment, CARE rating down $7 plunge to $1.20'sh

Then a bit of recovery, but ER shows lower revs b/c they
cut off TV to boost Eros Now. Cash flow better though!
Little transition time to Eros Now streaming only.
Cash flow is positive.

Then little $25M loan via notes, which contain $3.59 conversion price,
but also a safety for lender: Alternative conversion after 4 month at VWAP discount.

So down again ..

Now the catalysts are aligned (see pinned DD).

Thesis: Very perfect plunge created benefiting buyers ATM,
now running the ship back up to >= $4 for top conversion price.
This b/c the actor wants shares and company healthy.
The usual steal from retail (o8>

Watched a few days and they did the plunge on the 5min mark T-Line (8ema)
now they run it up same way.

Hope that helps (o8>

EV/R and P/E very cheap, growth will kick in higher on new drivers (streaming video).
Also curious about the deal.
Last but not least CARE will upgrade this year.



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