Did Warren Tredrea pay the A$149,000 legal costs to Nine?

Yes. After a court upheld email service of a bankruptcy notice and set a 4pm, 10 February deadline, reports indicated Warren Tredrea paid Nine Entertainment A$149,000 before the cutoff. The payment followed his failed Federal Court appeal in an unfair dismissal case. The settlement ends a headline dispute and confirms enforceability of the costs order without material financial impact on Nine.

Does this payment materially affect Nine Entertainment shares?

Financially, the effect is negligible. The A$149,000 represents about 0.008% of Nine’s approximately A$1.81 billion market capitalisation. The main impact is qualitative: reduced legal noise and a clearer focus on fundamentals before results. Share price moves will likely track advertising conditions, guidance, and performance across TV, digital (9Now), radio, publishing, Stan, and Domain Group rather than this single payment.

How did Nine Entertainment trade today and what are key levels?

Shares traded around A$1.15, down about 0.43% intraday, with a A$1.14–A$1.17 range and volume near 3.88 million versus a 3.62 million average. RSI at 54.87 is neutral, and ADX at 19.89 signals no strong trend. The 52-week range is A$1.0725–A$1.90. Investors may watch A$1.14 support, A$1.17 near-term resistance, and momentum around the upcoming earnings date.

Is Nine Entertainment a buy, hold, or sell right now?

Our system shows a B grade (66.76) with a HOLD suggestion and a separate B+ company rating at Neutral as of 10 February 2026. Valuation looks fair with a 16.36x PE, 0.67x sales, and about 19.56% free cash flow yield. Risks include cyclical ad demand, tight liquidity (current ratio 0.98), and a high payout ratio. We prefer waiting for 24 February guidance before changing stance.

Law and Government

NEC.AX Stock Today: Tredrea Pays $149k, Court Win Enforced – February 11

ByHuzaifa Zahoor February 11, 2026February 11, 2026

NEC.AX stock today is in focus after a court upheld email service of a bankruptcy notice to Warren Tredrea and enforced a 4pm, 10 February deadline to pay Nine’s A$149,000 appeal costs. Adelaide media report he settled before cutoff, closing a headline case with minimal financial effect. NEC.AX last traded at A$1.15, down 0.43% intraday, with volume slightly above average. We break down what this ruling means for Nine Entertainment shares, today’s trading setup, valuation, and near-term catalysts for Australian investors.