Good early test for Prime Minister English and ComCom? If they were allowed to buy NZME, that would/ should increase the SP.
Good for sholders, not good for politics in NZ, which is just recovering from a flag debate and the clueless Key(less).
As a Corbynite/ Clintonista, I think Andrew Little needs a bit more than the Non-Pakeha Zool Herald and NZME supporting him but sholders will enjoy good new earnings forecasts, EBITDA and NTAs with their current SP, should go well over $1 probably more in the mid 150s.
Little if still leader and in Wellington would need a National implosion involving Premier House, Bennett, an EQC or a number of earthquakes and a Mt Erebus type catastrosphe to get elected IMHO.
But it will be enjoyable seeing the FXJ SP go up all the expense of kiwi common sense.