Ann: Shareholder Update - Appointment of Executive Chairman, page-9

Using the words "transition period" is one of the bigger understatements I've heard.

On the flipside it dangles a carrot in front of the eyes of shareholders. Shows that the parent entity is "doing something".

Now whether that doing something is in shareholders best interests, well you'd bloody hope so, but its a long-shot imo. With the cosy relationship between the biggest creditor and administrator, any chance of retaining a share in BRTV is quite low.