Will more than likely test 38.5c now. Back to the level it was...

Will more than likely test 38.5c now. Back to the level it was before the US fallout now, which makes sense coz no news since then and it was oversold at that point after index fund selling and institutions clearing out. I would expect that the interim copyright ruling will see them on a level playing field with competition. If that means they save even $3m on their $38m copyright costs, then that will drop to the bottom line. Capitalise $3m at 5x ebitda multiple and adds $15m to the share price or plus 7.5c. Factor in that this adds further impetus to debt reduction and that is another kicker to sentiment. 40c should be achievable within a few weeks comfortably, I think.