The business is in great shape and dom had the right motive, in times like this, its best to ensure a strong balance sheet.
They will contunue to focus on consolidating and assets which bring value.
We will see QFX sale soon, Some music assets with little margin. New CEO and further synergies with Prime and associated media assets.
The true value is in production side of the business. Video is not going away and has increased margins with demand.
I keep buying at these levels with a 12 month view. If I dont see a doubling of my money, i would be surprised.
remember old directors, neville, carl etc are selling. thus the downward presure right now. however, this creates all of us a great buying opp at not to be seen prices again.
DES Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
