Im a bit confused as to how much we need to pay LN to get them to bugger off.
Given the low cash position it seems to be material thus i cant fathom why it isnt disclosed.
It means the in-specie distribution funds have shrunk so PRH shareholders will get smaller return, but how much smaller.
At least it clears the cupboard of all the spiders so a new entrant can come in knowing there isnt any rot.
It will be a chockablock quarterly...no doubt.
highlights- moved offices......
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