Ann: Television affiliation change from 1 July 2021, page-17

Also, p/e comparison on its past trading not fair. It now has little debt. With considerable gearing before a lower p/e was warranted. Next to no debt and the p/e should be a fair bit higher because much lower risk and company in hands of equity holders with no claim from lenders. They will probably generate about $60m free cash flow pa at least and that pit’s it on a FCF yield of over 10 percent. How many stocks can you find with better? They could easily pay a dividend yield of 5 percent and still have free cash left over for growth investment