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Stingray Group Inc T.RAY.A

Alternate Symbol(s):  STGYF | T.RAY.B

Communication Services
Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides TV broadcasting, streaming, radio, business services, and advertising services. It also provides an array of music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. The Company operates through two segments: Broadcasting and commercial music and Radio. The Broadcasting and commercial music segment specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. The Radio segment operates several radio stations across Canada. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, OTT, the internet, mobile devices, and others.


TSX:RAY.A - Post by User

Stingray Group Inc
Bullboard Posts
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(33)
•••
Post by FredTheVoiceon Jun 11, 2018 9:44am
111 Views
Post# 28153573

Bouht deal and pressure on RAY.A

Bouht deal and pressure on RAY.A
Cross trading this morning at National BANK of 200 000 shares ! That is huge whn we considere the trading volume that we see in general.

Can someone explain on this board the pressure and the logic behind a bought deal. It seems that RAY.A is punished right now by this bought deal at 10,40..........But its closed ! Why that pressure thats hooking on.....?

Is there another hidden reason ? Like the pressure of the money borrowed to buy NCC ?

Thanks in advance.

FTV.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities