destra to sell audio division, page-9

They are definately working hard internally, spoke to someone internally at destra today. apparently more cost savings to come through HR savings (redundancies), new strategy coming, new ceo, asset sales to come and good assets will be focused on. all I can say..

Interesting, I saw on prime tv tonight an advertisement advertising destra Entertainment.. so some cross promoting happening... thats positive.

Also it was stated, prime will not buy out 100%, they are looking for strategic and insto investors at moment to add credibility and further synergies. News Ltd was mentioned, in what way, I am not sure.

I asked the question on SP.. feedback, should see 20 cents plus over the next 6 months with the announcements to come.

So feeling more comfortable today than i have been.