PRT 0.00% 23.5¢ prt company limited

News: PRT UPDATE 2-Australia's Seven West Media says Prime takeover offer falls through, page-5

  1. 6,942 Posts.
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    yes, agreed.
    what has been obvious for several years, is that Prime has been positioning itself for this outcome of media reform, by aggressively paying down its debt. A debt-light media company is not common in Aust these days.
    the debt-light balance sheet gives Prime the ability to gear up to make an acquisition, or would be very attractive to a predator, as the predator can grab Prime, and then gear it up.
 
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