20cent party!, page-251

I can't see it getting to 8cents unfortunately - I have a buy locked in at 10cents which I think may get filled tomorrow.

Interesting to note that some brokers are noting a likely drop over the next couple of days, but then a bounce with injections of cash from insto's who will see this at a bargain price. I wouldn't be surprised if these are the insto's who are manipulating the SP now and are trying to record a paper-loss before end of financial year, and then will jump back in next Wednesday.

So expect some continued volatility over the next few days, and in my opinion, if the SP does decrease and goes to your buy level don't be afraid, as I imagine we will be looking at a different price this time next week.

Also interesting that Foxtel seemed to be holding back from signing a new extension on the basis that Seven has the market wrapped up in both W/A and S/A. Hopefully this news will result in more ad revenue in those two states.