SKT Sky Network Television Limited.

[Balance]

My reading of it (which could be very wrong):
- Offering all three properties has generated a significant premium as expected
- Process has been delayed by Covid AND Sky working out how they will operate in the future. This is important, as they need this strategy in place before signing sale and leaseback agreements (particularly around timing and how much they want to lease back).

I believe you are correct in your assessment.

Confirms why Colliers is not adverting the property for sale any more on their website as final negotiations are in progress.

Better to take time to get the right deal than buckle to market pressure to show a sale.

[Shareguy]

I agree Johnnythehorse they have to find a new property and a development of that size will take sum time to work out. It’s a positive and I think the end result will please shareholders. Also more importantly that on track for $35m growth this year. That alone is very good news indeed.

[jimdog31]

I believe you are correct in your assessment.

Confirms why Colliers is not adverting the property for sale any more on their website as final negotiations are in progress.

Better to take time to get the right deal than buckle to market pressure to show a sale.

It gives more weight to my OCA theory…. a rezoning/resource process is underway

[jimdog31]

And black crane have decided they arent getting dividends so they are out…. expext to see some downward pressure as they clear through their 8 mill shares.

[mistaTea]

http://nzx-prod-s7fsd7f98s.s3-websit...685/357863.pdf

Black Crane Opportunities fund have dumped about 1M shares.

Obviously Sky not much of an 'Opportunity' for them anymore!

[Balance]

http://nzx-prod-s7fsd7f98s.s3-websit...685/357863.pdf

Black Crane Opportunities fund have dumped about 1M shares.

Obviously Sky not much of an 'Opportunity' for them anymore!

Let’s see if Osmium take the opportunity to ‘help’ Black Crane with offloading their whole position.

Would not surprise me if Osmium has been selling a few shares strategically to help Black Crane reach a realisable exit price.

[jimdog31]

http://nzx-prod-s7fsd7f98s.s3-websit...685/357863.pdf

Black Crane Opportunities fund have dumped about 1M shares.

Obviously Sky not much of an 'Opportunity' for them anymore!

They were dividend hunters, werent really interested in growth. best they leave.

[jimdog31]

Anyone else spot the couple of Foxtel mentions……

[sb9]

Anyone else spot the couple of Foxtel mentions……

Sure did, looking forward Q&A session at the ASM today.

[mistaTea]

Anyone else spot the couple of Foxtel mentions……

Yeah! And getting their ex CFO in to help us is great!

Surely it has occured to this guy that Sky-Foxtel could be a great fit in the future.