I took some profits after the half year accounts were released. Crimesafe earnings decreased and the investment in the US is not delivering. They have been in the US for quite a few years now, starting in Florida then moving to the West Coast. The Sydney radio station produced a loss that all but cancelled the earnings from the station further north.
Without the sale of cohort they would have been close to reporting a loss for the half.
OCP Price at posting:
$2.24 Sentiment: None Disclosure: Held
