RE: About time this turned around6 Jun 2023 08:28
I work in publishing, the mention of using AI to write some content makes me naturally very uncomfortable, but seeing it already had a positive impact in May is nonetheless interesting.
This may never deliver anything like what we'd hoped but assuming they can be trusted at their word... To outrun the now slimmed cash burn then it might yet still deliver at least something.
My holding is 80% down, but overall feeling on today's update is neutral, clearly drastic action was needed and it has been taken. I shall wait for this strategy update for more detail. If it survives this blow to sentiment then it may just turn slowly from here if revenue from digital media is profitable.