Come on Ogg, admit it its you. Stop teasing..
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Come on Ogg, admit it its you. Stop teasing..
Wasn't a put through.
Looks like the buyer is now shopping around the brokage houses.
Should be a SPH this week.
Hopefully it isn't Sixth Street...
https://i.imgur.com/iMBfbPZ.gif
April 19th OZ travel bubble opening confirmation ensures the Aus/NZ super rugby competition that follows Super Rugby Aotearoa goes ahead as scheduled.
Looks like $4,392,669 in a single trade on market, which is 1.44% of the company shares on issue. That'll be $251,000 profit (or loss) for every 1 cent change in share price! Cool, someone wants in the action, someone wants out of it.
:eek2: gotta get some more of these for the turnaround play of the decade.
From memory, John and the team managed to secure a 5 year exclusive deal with Warner in 2018 (one of the last things before John handed over to Martin). So I wouldn’t expect to hear anything on this front until next year.
I think it is most likely that Sky will get a new deal. Not sure if it will be exclusive or co-exclusive.
Warner could release HBO Max in NZ and cut Sky out altogether, but I still don’t see that the economics stack up.
I think there would be some initial enthusiasm for the app, but how many people want to manage yet another streaming sub?
Let’s see what happens, but the two latest deals show Sky’s ability to get important deals done that still provide them with a compelling entertainment offering. And they have done it in a way that preserves capital.
Cannot stress enough how cost control is one of the most important things right now for Sky. Managements ability to grow revenue while keeping an iron tight grip on cost is more crucial then ever.