re: stop fiddling around with your minnows/ up 14% She is about to fully break out monkeys.....give it a few days. Back into the thirties.
Market cap only $28 mill - just so so so cheap.
Sydney - Thursday - Dec 22: (RWE Australian Business News) -
Destra Corporation Ltd (ASX code: DES) has completed its acquisition of
The Rajon Music & Video Group, one of the largest independent record
labels in Australia.
According to Destra, "Rajon owns and controls a very successful
catalogue of artists, which has an impressive track record including 32
gold records, six platinum records and 42 major industry awards.
"Artists include Melanie C (ex-Spice Girls), Tina Cousins,
Daniel O'Donnell and Ronn Moss."
Destra CEO Mr Domenic Carosa commented, "The acquisition
provides scale and profitability to our Destra media division and
effectively doubles the size of Destra in terms of annualised revenue
and earnings.
"Importantly, it forms one of the core planks of our media
strategy - Music, Entertainment and Youth."
Shares in Destra fell 1c to 10c today.
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