SEV seven network limited

institoutions trying to keep a lid on it?

  1. 6,710 Posts.
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    Every time Seven Network looks like going above 5.67 it gets knocked back to 5.67.

    There is a fair volume of stock going through at this price given usual trading volumes-it's almost as if an institutional broker has been instructed to keep it at this price.

    I will be watching the aftermarket auction for an indication of tomorrow's trading direction.

    With good press overnight (re likliehood of changes to cross-media ownership rules now that Coalition has a senate majority) should trade higher tomorrow.

    Ajax
 
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