re: Ann: Paul Ramsay Holdings sells interest ... Managed to tuck...

re: Ann: Paul Ramsay Holdings sells interest ... Managed to tuck some away just now at 90c. Given the Paul Ramsay sell off, some may see it as a buying opportunity. With the dividend just over 8% not including franking credits, and a P/E of around 7/8, this is a plum hold for the economic cycle longer term, given their niche in rural media. Happy to collect this, and who knows, if the coalition ever looks at their reach rule legislation, seven might see this as an ideal suitor longer term.