This is typical scenario where retail investors are scared out...

This is typical scenario where retail investors are scared out of stocks and the pro’s win big time. The share price decline of 33 percent plus in 2 weeks is NOT about fundamentals. Sure, the rise in rates adds uncertainty and threatens some softening in ad markets. There might be a hit to ebitda in the coming year, for example, of $25m (or as klogg advised so well, 13 percent of legacy business ebitda). This is speculation but accords with the worst annual falls of years past.if you capitalise $25m at 3.5x ebitda (an approximation of the full stock multiple)this would account for $88m of the fall. The stock has lost $350m of value. Go figure? Manipulation taking advantage of interest rate yncertainty, tax-loss selling period, ukraine, US weakness etc. way too much bad news is now IMO baked into the stock price at 42c. Thus is a stock that gas been beating guidance, drastically reducing net debt, cutting costs, leading TV ratings, building a leading market position in a growth sector (BVOD), securing agreements with FB etc for payment for content. The big end of town is deliberately creating fear and frustration to accumulate a very undervalued stock - one which will soon resume dividend payments on a scale making the yield attractive to a large investor base who will have been ignoring it for 3 years. All my opinion. Do not be fooled!