Handle9:MikeB4: I feel there actions in the last year point to a company looking to make themselves attractive to a buyer. Everybody is up for sale. My thoughts are who would buy a sunset business? An equity company looking for a profit by off loading assets.
Most of the assets are gone. They’ve sold the Mt Wellington hq and their Outside Broadcast assets already.
They still have assets at circa $800million and equity of around half that