Profile Media - A new beginning

Tom
This will either go private and re-emerge or get D4E and a placing.
If it lost all its debt and had some cash, it would be a good vehicle for someone. I can't see a a lot for existing holders but, at this price I would have thought it was assuming the D4E already

Today, given the debt and inability to service it on commercial terms, the company is not a going concern and the shares are worth nothing in intrinsic value.

My guess would be that the big creditors are debating who gets how much of the corpse and, maybe how much is given to new capital providers