RE: Weekend revision11 Jan 2025 12:50
Exactly unless it’s something drastic is announced in the update, I expect profits to be taken by short term investors as per usual but with the forecast for podcast and advertising looking better, not only for AB but rest of the podcasting market, the sp will rerate in its good time. If they carry on as they have been doing, long term investors can kick back and relax with the sp being considerable higher 6-12 months from now. Will be interesting to see what happens next week after the presentation. The landscape with AB has changed so I for one will be watching.