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05/01/17
21:48
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Originally posted by Hilltribe
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I've been waiting for this for a long time also. Not three years but I started buying in the eighties and have bought all the way down to 26.5. I'm still a long way down, around 30% but have got over that already and enjoy the incredible dividend. I've maintained faith in this company all along and indeed maintained faith in rural television. There are some things the internet just cannot replicate. Really hoping for the media laws to be passed through parliament sooner than later, it's been a long wait already and PRT has remained as resilient as possible. I actually feel a resurgence in TV and that combined with the new laws in place should bode well for PRT and all of we shareholders. Let's hope this momentum continues and best of luck to all shareholders, long term, short term and future.
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This stock was always going to recover at some stage as it was trading too low relative to intrinsic value. The buy/sell volume is extremely strong and I think this trend can easily take us to the low to mid 40s