placement selling, page-2

They have sometimes given an update on trading in the last week of Feb, which might allow some insight into how things are going.

Also there were quite a few buyers at around 29c, which might hold.

However obviously if the herd stampedes the next support will be either at 23.5c - the low on the post cap raise open, and after that at around 20c I think, as there probably will be few willing sellers at below that price. Also there are profits for the subs down to that price.

Good luck to all the punters who are backing this limping mare. Even though I am shorting this, I do seriously hope this business will turn around, as I would hate to have less competition/options in free to air in Aus. I liked Underground and Masterchef is a great show.