that seems to be the rumour that has been put about - APN sold their outdoor advertising for peanuts cos they thought it pretty dreary! Not the same I know!!
but really their margins are good in core business -but sports a business in infancy- and overheads too high I guess too
Great potential if managed well -that is why PE may be sniffing about -and putting out all the associated rubbish to get price of target down
QMS Price at posting:
72.5¢ Sentiment: Hold Disclosure: Held