Trading update for previous months broadcast, page-2

Yes - it’s true management have been poor in communicating the positives. Without doubt there is strategy / agenda , but who know what it is . I sold out a good chunk on the 30.5-32 range, but after much reflection of have started buying back at 28.5 . Bought 40k on Friday and have another order for 80k at 28. I stick by my estimates of net cash by the time renegotiated affiliate agreement kicks in. Although I am not bullish on the 60c valuation I used to have I think the stock still it worth around 40-45 and from here that is good low risk upside. I am targeting 25-30 low risk return over 12 months .