The decline of Nine
Since 2015, Nine’s television revenues have been declining. In an age of Netflix, Apple TV and YouTube, consumers face a much wider choice of video on demand than they ever have before. And this means free-to-air television audiences in Australia are declining – by around 5% per annum. Is Nine’s current stock price of around $1.25 per share justified?
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Andrew is responsible for managing all investments at Montaka, including the ASX-quoted Montaka Global Long Only Equities Fund (ticker: MOGL) and Montaka Global Extension Fund (ticker: MKAX).
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Andrew is responsible for managing all investments at Montaka, including the ASX-quoted Montaka Global Long Only Equities Fund (ticker: MOGL) and Montaka Global Extension Fund (ticker: MKAX).
Expertise
Andrew is responsible for managing all investments at Montaka, including the ASX-quoted Montaka Global Long Only Equities Fund (ticker: MOGL) and Montaka Global Extension Fund (ticker: MKAX).
Expertise
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