I've noticed there are a lot of new posters here demanding people sell and that they are "angry", and never seem to acknowledge that the company is on the right track and will have reduced its debt by $200m by mid-2021, and that there is more announcements in the future to come (i.e. sports renegotiation, asset sell-offs etc)
People are also too worried about debt. Interest rates are at record lows, and that banks are happy to lend and give such long lead-times to repayments show their faith in Seven.
Wait until the viewer numbers for the AFL come in for June and let's see what that does to ad revenue. It's going to be the most watched TV program for 2020 by a mile, and if you were a business right now it would be a no brainer to buy ad space during an AFL game, rather than [insert any other show 9 or 10 has]
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