Microcap Fund Snapshot – GTN Limited (GTN: ASX)

GTN provides real-time information to radio and television stations (affiliates) across Australia, Canada, UK and Brazil.
Read MoreGTN provides real-time information to radio and television stations (affiliates) across Australia, Canada, UK and Brazil.
Read MoreCredit Suisse suggests the company will become a cleaner and simpler business now it has exited the loss-making US. GTN will be disposing of USTN to management for a nominal sum after being unable to reduce its expenditure to manageable levels.
Read MoreGTN’s result was below the broker’s forecast although the broker notes the core businesses are ticking along and revenue momentum continued to build. The focus is nevertheless on the US, where the broker sees two possible outcomes.
Read MoreThe maiden FY16 result beat expectations. Macquarie observes Australia and Canada were behind the beat, with revenues around 4% ahead of prospectus.
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