Call me a cynic. Fin. REview has 2 articles on Seven Network (both negative). Markets response will be share price rise.
One article deals with a Federal Court case permitting ACCC to execute search and seize powers relating to Today Tonight's stories about a mentoring program for women who want to be property millionaires. ACCC considered the programs were more ads endorsing "Wildly Wealthy Women" and upheld the search and seize powers.
The second article deals with Seven Television's lacklustre ratings following the good ratings that came with the Olympics. No mention of Seven's acquisition of Murdoch magazines and how this is fairing.
Seven shares go ex a 15.5c fully franked dividend on 21 October 2004.
I suspect the share price will rise between now and 20 October.
Ajax
SEV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
