News: Noni B acquiring two fashion brands, page-5

One swallow doesn't make a summer, the saying goes, but a hungry one swooped on Noni B this week. In two trades someone snapped up more shares than had traded in the preceding 3 months combined. Granted it is a thinly traded stock but a leap of 28% in one day is worth noting. Let's hope this purchaser is rewarded with good news in the turnaround strategy in the forthcoming annual update. If so, an illiquid market could make for some interesting action.