aeo jumped 8% after a poor report

wonder if SBC will do the same?
AEO subsequently dropped when the CEO said they weren't selling.
SBC has an open share registery and its share price seems to have hit the long term trend line recently.

AEO reported a 1% decline in profits for the year. I subsequently fell for a day then rebounded.
I recently read this comment in an article
"Austereo has been struggling to retain market share, and with media ownership law reform on the way, a weakened company is seen as a prime target."
..... and it made me think.
Perhaps the market might be waiting for a weakness in SBC like they did with AEO, before they will jump in and push the price up.
The CEO seems fairly open to being taken over too so the price may stay up once it gets there and further announcements are made.