Broadcast Fee Relief

Obviously a few people are realising the value now that the gov's decision to relieve fees this year until passage of the media laws after winter break:

http://www.abc.net.au/news/2017-06-28/interim-financial-relief-for-australian-broadcasters/8659384

As from my understanding that will mean from @Wing it 's post (below) that would equate to roughly 11.4 million, or net ~$7m back to PRT's bottom line (minus a rough guess of  $4m for Spectrum tax, based on SCA's similar assertions to the market yesterdayy)

https://hotcopper.com.au/threads/why-ive-been-buying-prt.2769566/?post_id=17754359#.WVQ434R97mE

Either way, the more attention on these outdated media laws and the fundamental value to FTA, and even more so PRT's relative value vs say the likes of other media (Namely NEC holdings) the better for us..

Based on my limited TA once we clear 35c, I am looking for ST Targets of previous resistance of around 40c

Wing, if you are back from holidays, would appreciate you reaching out to help me with some lobbying given your expertise in this space.

Spoiler : Contact

https://hotcopper.com.au/threads/th...2447/page-10630?post_id=18621246#.WVQ7SIR97mE