Also trades (i) to (iv) were made during the restricted period as those were within 30 days of the half year results:
Clear breach of trading policy:
https://www.sky.co.nz/documents/1170...ing_Policy.pdf
Printable View
Also trades (i) to (iv) were made during the restricted period as those were within 30 days of the half year results:
Clear breach of trading policy:
https://www.sky.co.nz/documents/1170...ing_Policy.pdf
The form needs to be resubmitted to NZX has he's selected "NO" on this part here:
Whether relevant interests were acquired or disposed of during a closed period: No
http://nzx-prod-s7fsd7f98s.s3-websit...318/346091.pdf
How can a director, who had inside knowledge of the half year results, buy stock a few days before the half year results are released?
https://i.imgur.com/GQLhgU2.gif
The NZX, FMA, Sky, Sharesies, and Mr Handley need to get together and come up with a "Please Explain".
The law has been broken.
https://www.google.co.nz/amp/s/news....r-9bn-12309699
Another takeover!!
Netflix must be growing increasingly concerned with these mergers and takeovers. Facing off against Disney was a big enough blow.
I don't think any of this will impact Sky too much. We have already started going down the co-exclusive path with Viacom and Discovery. It's the new reality. Though I also think the more OTT services released as part of these co-exclusive deals the better our proposition looks.
Sure, you could subscribe to HULU, HBO MAX, Peacock, Discovery+ etc... or you could sign up to NEON for $16/month and get all of the main content on a single platform.
The only way things become really bad for Sky is if the bundle ceased to be the most economical way for consumers to access a broad range of quality content.
I am sure Chris Keall will be publishing a story soon though with the worst possible case scenario for Sky, and pitching the article as though this "final nail in the Sky coffin" is all but certain.
Most people I know including me hardly watch Netflix anymore. Those that do cancel after a while and then catch up on the shows they missed. My main interests in front of the TV are gaming and watching sport (living the middle-age dream).
There ultimately will be people that are going to subscribe to Sky Sports just for a month or two while the sport they watch is on. With more live sport happening again they might keep it longer or because they got a bundled deal. This is the future of sports watching and Sky (probably with thanks to Spark Sport) finally saw the future.
Sky is priced like a business that is dying rather than re-inventing itself. Alone the name recognition is worth millions. Any future merged company would be amiss not to continue with that name.