I have been in and out this twice but may wait for more disclosure. At this stage we do not know
If Music and DVD Divisons have a seller or will be folded
New CEO
Or Primes long term plans
Coupled with a declining Ad Revenue market - (only media share worth looking at currently is 7)
More transparency needed to get investors back as I cannot see Prime offering Destra holders their shares on a 66-1 basis (based on current Prime Share price)
Given bluefreeways continued downward spiral and the associated bad vibes re new media companies this currently does not offer a good return in the short term
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- another nice announcement from destra
I have been in and out this twice but may wait for more...
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