I believe the affiliation agreement with SWM will end and must be renewed by June 2019.
However, from everyone's perspective it is more likely to enter a M&A between SWM and PRT, so does anyone have any clue or estimation when will it incur?
PRT & SWM both suspended their dividend payments, so my understanding is they both need cash for something. Acquiring PRT with 10 million net debt only can really strength SWM's balance sheet.
PRT Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held