Been doing some rough numbers on the potential recurring subscription revenue, this is turning into a nice income stream. As far as I can see the content costs aren't outrageous and most locked in until 2027ish. Assuming they can get long term to maybe 3 million stan + 500k sports, this is a pretty damn good business. Include the newspaper subs which will be improving profitability as paper subs roll over to digital subs. Think $4+ isn't that far fetched in a year or so
Been doing some rough numbers on the potential recurring...
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Last
$1.40 |
Change
-0.020(1.41%) |
Mkt cap ! $2.220B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.42 | $1.39 | $1.719M | 1.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26873 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 5527 | 3 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| NEC (ASX) Chart |