Pacific Star Network Limited, a listed vehicle with a market cap of $19M currently trading at 27c per share , but trading as low as 17c during times in 2017. Funnily enough it pays a dividend, which many internet companies dont. LOL.
Looks like Hutchy is a bit of a White Knight as far as the Pacific Star is concerned, but for Hutchy it is in effect a back door listing , with the benefit of a couple of radio stations, some print publishing and digital radio channels and production facilities for his content production.
However, SEN has languished in the ratings in the morning and afternoon drive slots. They are very much a junior player in amongst about 10 broadcasting companies that are as much as 10 times bigger.
There is a big opportunity , but expecting Dwayne Russel to win the drive time slot and boost SEN revenues is a bridge too far. Maybe thats not what Hutchy wants to do with SEN.