The Channel 7 boss Kerry Stokes doesn't take up 243mil shares in a dog in the spec end of the ASX for no good reason and just shy of that 20% mark.
New CEO and new focus on the U.S. Market and already partnering - Getty Images, AFP, AAP, Tribune & Canadian Press & more. Maybe Stokes wants a pice of US?
Since April 1, Pershing have bought up +19.2M at 1.44c average.
Chart looks to have bottomed for a low risk entry around here, which I've taken a few. Tech and idea is good and you'd have to think with Stokes onboard something is coming, I expect and hope a very decent rerate coming soon.
Goodluck to all, I thought this stock was dead but there is too much smoke here now IMO.
NWZ Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held