nice note. I'm going round and round on ISD. The business...

nice note. I'm going round and round on ISD. The business is under structural and competitive pressures. It is a $90 million Aus/NZ revenue, media monitoring business and has a small but profitable $30 million revenue Asian business. Cision trades on an EV/Revenue ratio of 4x vs 0.7x for ISD. An acquisition would be quite accretive from a few angles. Earnings accretion especially after replace some/much of Isentia tech with the acquirers in-house technology. big question is whether it makes sense for Directors to sell and run or there is a way to trade out of todays predicament.