Also very dissapointed with the current directors and their management style, I reckon they have been around to long. The have had an agenda for the last few years of talking down the company and now setting to flog off the company at any price. In reality the company is in a good space with a solid foundation of top 10 programs and the likes of AFL. The dividend stream should have been maintained at say a 30% payout ratio considering the franking credits available.
The 15% fall in SP on friday and the amount of shares traded shows what current shareholders thought of the announcement.
PRT Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held