RE:TORSTAR IS SLOWING PICKING UP MOMENTUMA year ago today the stock was $1.65, so hard to know if ticking up to $1.38 is a sign of traction or some minor investors searching for dividend yield. Volumes are still relatively low with some days less than 10,000 shares trading hands. Jury is out as to determining if this is real or a blip. Time will tell us over the next few months.
A couple of new hires at Torstar isn't going to generate much interest or action. https://www.torstar.com/html/our-company/Announcements/index.cfm
The Voting Trust needs to dramatically ratchet up the pressure on Honderich and do something substantive. That generally isn't their style - slow and steady decline has been their proven strategic approach over the last decade. They will need to act out of self-interest and preservation. If that doesn't move them, nothing will.