Unmade Index on a roll despite SEG dip

Today the Unmade Index continues a positive run that began in the middle of last week, with four consecutive trading days of growth.

This was despite a big drop from Sports Entertainment Group (-8.62%). The sports network last week finalised the sale of the Perth Wildcats to Perth businessman Mark Arena — the upside (the team went for just under $40m in total) had been priced in for over a year. SEG’s current price is sitting around average for the past 12 months.

Elsewhere on the downside, Motio fell 5.36% and Oh Media slipped 0.74%. News Corp edged lower, down 0.20%.

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