NEC 3.10% $1.10 nine entertainment co. holdings limited

@miningnut, agree this is a positive development and, as you...

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  1. 147 Posts.
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    @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
 
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