PRT prt company limited

Ann: Annual General Meeting - Chairman's and CEO's addresses, page-7

  1. 8,774 Posts.
    lightbulb Created with Sketch. 3216
    yes, but this time it has been more specific.
    and that bit:
    "...and to capture an opportunity for Prime to participate in industry consolidation
    that is absolutely necessary for the future prospects of Australian owned traditional media​
    assets, it is very likely we will need to lower our expectations."

    I have been trying to guess just where Prime would fit in. when 7 sold out, all bets were off.
    with WIN now biggest s/h, where does that leave Prime?

    WIN purchase at 40c I guess has set a benchmark, but that does not necessarily mean much.

    No doubt Prime will still be throwing-off good cash flow for a few years yet, even if it is diminishing.
    the board did a good job in rapidly reducing debt.
 
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