With the way Netflix and Stan have powered ahead of Presto it looks like they need QFX just as much as QFX need Presto.
Presto is backed by some very deep pockets including News Corp, Telstra and Seven West Media. At these prices it's sure worth a punt to see what happens next.
I await the ann that the overhang of shares from the previous CR have been taken up by Presto.
Ann: Quickflix And Foxtel Presto Enter Agreement, page-25
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