Last week saw a mini-surgette in the share price of Johnston Press, from the doldrums of 12p to the giddy heights of 16p.
It's fuelled by manouevres by Norwegian investor Christen Ager-Hanssen, who now has 8% of JP shares, and is thought to be interested in buying the Metro suite of free newspapers from DMGT.
DMGT have noted a decline in take-up of free-sheets on tubes and commuter trains. It can only continue as wifi on these services improves. One presumes Christen has a cunning consolidation plan.
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