but 7 is still leading the way in digital advertising. they recognise the death of print and FTA and i think they are one of the best positioned to tap into the new digital/online advertising streams. they are still profitable.
i don't think management need to be booted. i think this is a staged attempt at shaking out holders. i don't normally suggest these sorts of things (or the catch-all excuse - 'manipulation!!') but in this case it seems warranted.
underlying earnings are steady, but based on a projected 15-20% drop in EBIT, the shareprice drops 33%?? was the stock that badly mispriced by the market??
Management needs to be booted, page-7
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