Today the company announced the much anticipated sale of its Australian Community Media and Printing business (ACM) to a company lead by Anthony Catalano and Thorney Investment Group.
Domain Holdings Australia Ltd [ASX:DHG] has surged upward 21.77%, with the release of their half year results this morning. Despite a difficult few months in the real estate market, it comes as a positive sign for the company.
2017 proved to be a pivotal year for Nine Entertainment, with the TV broadcasting company leading the way in metropolitan advertising revenue share for the first time since 2005.
The Nine Entertainment Co. [ASX:NEC] share price has decreased dramatically. However, it doesn’t make them cheap. What would make them cheap is if their share price had dropped but yet their financial stated the same.