New code is GTV This ticker probably has 50 to 100% appreciation over the next six months imo. With AMP buying up companies like Imdex (see asx releases for IMD )I'm sure there will be buyers out there looking for value in this market.
GTV has reduced debt by approx. $20m in the last two years. Interest rates have been steady, business is booming, and ALL commercial television networks are doing business with Global. The AFL rights are creating some uncertainty, but with Foxtel the only Pay provider, and Ten sure to figure in outcomes, Global is a fair bet to sustain revenues in this area no matter who gets what imo.
Nearly a billion shares on issue....but that'll be reduced to under 40million with share consolidation... and about 75% tied up with PBL, Ten, ANZ, and other bigboys !
The demand should give traders some froth too as this ticker is usually keenly watched.
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