RE:RE:RE:RE:RE:RE:Comparison to Destiny MediaI doubt we are going to 18-20x earnings until we show growth. Management was untruthful for all of 2019, dangling a promise of 15% ad growth all the way into the 4th quarter, and then failing in all regards (revs stayed flat). To me, that was highly troublesome behaviour and damages their credibility.
The old CEO is out, new one in. Maybe that makes a difference in terms of the management trust problem. But now we are in “show me” mode. Either show organic growth, or make an acquisition. And if they don’t do anything with the cash, start giving me a divy so I at least get some value out of ownership.