Why on earth would they hang on to a dying obsolete business like DVD mail order? Other than for Langsford of course to hang on to his ridiculous salary and bonuses a little longer.
I agree. I can't think of any other reason. Delivering digital content by mail is not the way of the future.
However, there's a slim chance of something good coming out of this for shareholders. They might be able to give shareholders a small special dividend with the money they get from Presto.
QFX Price at posting:
0.1¢ Sentiment: Sell Disclosure: Not Held