FXJ 0.00% 66.0¢ fairfax media limited

recent profit upgrade

  1. 2 Posts.
    Dow news wire reported that several analysts were surprised by Hilmer's timing of announcement of recent profit upgrade esp. when AGM due so close, Aug.27th. Is he trying to shore up FXJ share price? And if he is, for what reason, e.g. prevent/stifle any future takeover? No secret that management staff at Sensis were briefed by CEO that it is looking to expand into advertising and one way of doing it was through local acquisition. Nil specific entity mentioned though. Is FXJ a target? All feed back welcome.
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