@miningnut, agree this is a positive development and, as you say, puts a (further) squeeze on the shorts.
Below article from The Australian is a few months old now but tells how Gray regards the recent market pessimism toward old media like NEC as way overdone and reminds that Gray was one of the few fund managers to profit from the sector in recent years, via APN News.
http://www.theaustralian.com.au/bus...k/news-story/e55501bb519a31114f7380cc74e93f16
Ann: Change in substantial holding, page-3
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Last
$1.28 |
Change
0.010(0.79%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.31 | $1.28 | $4.863M | 3.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68389 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 25886 | 4 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
