The amazingly large cash accumulation has numerous positive consequences for PRT
The 42-45m of of June 21 balance should not only allows for PRT to consider meaningful acquisitions but the increase SP that will result from this increasing cash pile while also make a script and cash deal an option to acquire something more meaningful.
the first half of 2021 will also see no spectrum fees paid ( about 4.2m benefit ) and potentially good pre sales for the Olympics .
from here PRT could build on this balance sheet transformation and diversify. Even if profit stays at 15-20 m but is comforted to be more sustainable LT then a SP of 30c plus is not out of the question in 12-18 months
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Ann: Profit Guidance, page-11
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