Yes wingIt.
I expect dividend of 2.8c for the year and a NPAT of 25m . PRTs comments are at odds with not only regional broadcast but even the metropolitan broadcasters such as NEC.
The EV is now back to where it was when the stock was 25c and we now have media reform passed.
Last time PRT talked themselves down ( and then went on to achieve a great profit ) an insider bought stock a few weeks later
The stock trades at a PE of 4.2 on their revised profit and it would not take much for an acquirer to pay a price that equates to 5.5-6.5 for this company . It will dissapear within a year at somewhere between 40-50c imo
PRT Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held