This company is on the cusp of turning it around.  It's international cables, storage sites and NZ business is good.  The laggard is the customer based telco businesses in Australia taken on when digesting M2.  These have got to go.  When and if this is accomplished, they will put a dent into their debt and the market will go easier on them. 

Since the virus meltdown, these facts remain the same, but they have a longer way to go claw themselves back up