Fairfax shares fall to another low

Tim Burrowes

July 26, 2012 2:10

Shares in Fairfax Media today hit an all time low with the company share price falling to 52.5c, giving the company a market capitalisation of $1.23bn.

Fairfax shares have fallen from 60c at the beginning of this month; 70c three months ago; 80c six months ago; 90c a year ago; $1.50 two years ago; $5 five years ago and $6 in 2000.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.

Topics

ASX Fairfax Media

2 COMMENTS

Logic 26 Jul 12

This isn’t really a story – look at the volumes. if you want to know how a share price is really performing, look at prices when significant volumes are being moved.

FXJ hasn’t been moved around in significant volumes since May 16 when it was at 65c

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Vonnegut 26 Jul 12

Logic has a point. There’s no trade. But that might well be because no one wants to own if except those who think there’s a liquidation game.

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