Yes - the range was 29-32 m in original announcement. The good...

Yes - the range was 29-32 m in original announcement. The good news for me is that forward bookings are encouraging and it’s a big sports year. Let’s not forget in the last 4 years they have turned a 75 m net debt position to approx 31 m net cash while paying 15 m upfront for the news affiliation deal
thats 121 m over 4 years , including the difficult 2020 FY. That is a 30 per annum average cash flow. As I have previously mentioned the 21 CY will be helped cash flow wise by the waiving of the 4.2 m in broad case fees , this plus encouraging ad revenue and the Olympics could result in a cash flow approaching 30m for Cy 21 . That would mean cash above current market cap !!!