SKT Sky Network Television Limited.

[Beagle]

This is not swimming at the Manukau heads in an outgoing tide, its much worse than that. Buying now is like standing in front of a Bullet Trian going downhill at 200 m.p.h.

[minimoke]

Futurist Derek Handley would have seen this coming. SKT very lucky to have him on the Board as they will have contingency plans.

[carrom74]

Almost 4.5 Million shares traded.... Heavy trading... surely someone is interested in buying up.

[flyer]

Almost 4.5 Million shares traded.... Heavy trading... surely someone is interested in buying up.

9.12 million shares, something is happening!

[Marilyn Munroe]

Futurist Derek Handley would have seen this coming. SKT very lucky to have him on the Board as they will have contingency plans.

I agree MM, they were lucky to get him. It is not often there is a redundant monorail salesman available to fill this type of role.

Boop boop de do
Marilyn

[bull....]

9.12 million shares, something is happening!

short sellers buying back?

[mistaTea]

short sellers buying back?

Christ only knows - I expect some disclosures to be made over the next day or so.

I assume Kiltearn are on the sell side, but will be interesting to see who is buying as aggressively as they are selling.

[mistaTea]

Another 7M traded today.

16M traded in just the last two days - or roughly 4% of total shares outstanding.

So who is the patsy? The buyers or the sellers?

[Entrep]

CFO is out

[mistaTea]

CFO is out

Long-time critics of Sky being outdated and run by old white men (who have been in their jobs too long) should be singing the new CEO's praises! A big clean-out is overdue, or so I hear!

Predictably though, the critics will position this as the company being in turmoil etc.

I expect a big shake-up in 2019 with Martin Stewart. Any fears that he will not be able to 'be his own man' with Fellet breathing down his neck as a Director, so far appear to be unfounded.