You know the drill - wake up and deal has been done. No chance to get set unless you are already set in the stock.
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That's a pointless exercise imo, could as easily 'ponder if the person on the sell side has an 'inkling' of something bad developing soon. Whether that be skinny dividends, or something else'. Might be Sophie selling out, or buying a million more. See, a pointless exercise because, you'll never know unless there's an SPH notice or an insider declaration, by then it's too late anyway.
Did they say there will be a capital return? Did they say they would announce anything before the Results on 25th August? Nature Abhors vacuum, around here that vacuum gets filled with speculation. The dialogue on this thread over the past year would make a great
'whodunnit' script for a movie.
Yes, they did.
No, but until recently they left the door wide open to an announcement prior to August 25. A lot of people assumed an announcement was imminent after MW deal collapsed as they had no need for the cash.
Very true. Lots of speculation about a Sky TV takeover...but so far, little appetite from those who have the cash to do it.
I think the SP has started to run in the lead up to the announcement. I would have thought it would have started earlier, from the date of dropping the MW debacle. Some people just have the required patience to make money.
Announcing that they have secured the RWC rights?
I see the US-China tensions are threatening a fresh wave of chip shortages.
Hopefully won’t affect our already delayed new STB.