STTCOMP HT1 TA LONGHT&E Limited - HT&E Limited formerly APN News...

STTCOMP HT1 TA LONG

HT&E Limited - HT&E Limited formerly APN News and Media Limited, is a media, entertainment and technology company with assets in Australia, New Zealand and Hong Kong. (I think they are responsible for Carl Sandleface and Jacki O - I must really be losing my soul to the market )

Market Cap $0.5 BN
SOI: 308.91 million
The Top 20 Shareholders of HT1 hold 93.57% of shares on issue. Register held tight, and non-exec chairman threw down $130,000 for a big parcel of shares before the SP when ex-dividend on Friday (average price 1.78 - so basically the current price) - always a good sign.


Ok, so, that's the daily. Probably can't see it all that well, but the cross 25 and 50 MA was my buy cue. I've been in since 1.65. Last few days, earnings were lower but not as low as expected. Ex-dividend was Friday, so we can write that one off hopefully as a blip in the push past the 100 day MA and start doing some legwork. Might be some historical resistance at 2.15 we have to crash through, but as this register is so tightly held, anyone wanting to get in will have to leap hurdles to get in. On the weekly, my target is 2.95. Stops in place now, but will remove and open up a riskier trailing stop (10% leeway) if she starts really moving.