Their last report was good, (and i define good now in the FTA media space now as earnings not declining, see their P/E), and there has been nothing to point out why earnings should be materially lower. Regional media favours local news and local advertisements and will take longer to kick the bucket in terms of competing with streaming media. So as I stated earlier I've taken the punt, but I don't think it will end up being a punt at all.
PRT Price at posting:
59.0¢ Sentiment: None Disclosure: Held