IMHO it is futile to guess what the market will do. Mr Market is schizophrenia.
All I care is I have own a little piece of prime media asset at a reasonable. The stock provides good yield and overseas experience indicates that TV is doing just fine. The commentary indicates that the ad market is bottoming and showing sign of recovery.
Say even if we assume things are flat. There is a wild card of digital assets and of course Stan. The growth is looking promising. 100k subscribers in 3 months. If the trajectory hold, it will breakeven by this year end. The rest is just pure incremental cash.
IMHO it is futile to guess what the market will do. Mr Market is...
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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 |
