I think our only exit is when Catalano can do a deal with Bruce Gordon. Channel 7 is broke and has no cash to pay for prime.
Back in October Seven west Media (SWM) offered 0.4582 shares for every PRT share. giving the deal an effective price to PRT shareholders of 17.4 cents.
Since then SWM shares have plummeted from 38 cents to just 10.5 cents. Kerry Stokes will not put another dollar into SWM.
I am not holding my breath especially in 2020. What a shite 3 years we have had. The board has strangled our dividends paid down debt and kept their jobs. A pox on them.
I think our only exit is when Catalano can do a deal with Bruce...
Add to My Watchlist
What is My Watchlist?