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14,170 Posts.
118
21/07/09
16:39
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volume = 37,749,862
Avg Vol (3m): 13,439,300
up almost 3 times average volume
13 m went through in the last 15 minutes, I'd say
something must be up.
institutions usually wait to buy at the end of the day
could well be stokes
perhaps the cycle has bottomed and is on the way up again
all media companies are fair game now
Jamie Packer has just upped his stake in cmj to 41%
so that may have turned stokes off and perhaps he is looking at moving more into print via more of wan and fxj
the story so far
http://www.bloomberg.com/apps/news?pid=20601081&sid=ahDU.TQ3AVbE
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