TV shares below $1

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Image: Fiji TV

FIJI Television Ltd shares yesterday dropped to 94 cents a share, its new lowest in five years.

Listed on the South Pacific Stock Exchange (SPX), FTV has seen its share price plummet from a five-year high of $5.50 a share in 2020 to $2 a share most of last year to a downward spiral of new five-year lows since November, as losses plague its balance sheet.

A parcel of 500 shares changed hands yesterday, taking FTV share price down five cents from 99cents after Tuesday’s trade.

SPX’s unexecuted orders board yesterday showed a total of 21,595 FTV shares on the supply side with the lowest off er price of 99cents while buy orders totaled 1000 shares at the highest bid price
of 90cents a share.

NOTE: This article was first published in the print edition of the Fiji Times dated MARCH 14, 2025.