The NRL broadcasting was a very expensive excercise
I heard yesterday this was costing 13 m a week. The revenue will come off due to no NRL , but I think a combination of expense reduction and possible ceasing the dividend for a half should see net debt reduce substantially. Nec debt position is modest relative to its revenue and cash flow and I think they will come out of this Relatively strong
The NRL broadcasting was a very expensive excercise I heard...
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