Hopefully they correct. They start their recent buying around...

Hopefully they correct. They start their recent buying around 25c so a down a hefty 30% on those recent buying.
guess the seller who sell the 16 million at 3 year low price see no upside .
new ceo trying to slash around $100 mill in cost I read. I could have save him $60 mill by not buying the 20% stake in Arn media recent thst is already down $20 mill $$. Board and old ceo instigate that so wonder if new ceo wish it never happened like many shareholders.
hopefully the slash of most advertising staff doesn’t hurt revenue or client budgets with network.
nine entertainment slash 200 job today also so industry in turmoil. I have concerns new ceo will announce some horrible results in august and write off a lot of value to clear the decks before fresh start of new plan.
my friend tell me to buy when sentiment couldn’t get much worse so maybe that is now. Be nice if new ceo plan works and profits grow substantial and dividends return.