SKT Sky Network Television Limited.

[Ogg]

All I know is there has been an immediate bump in SP now that the existing shareholders aren’t dumping anymore.

All as predicted by Ogg. Mate if you live in Auckland we might need to start calling you the Wolf of Queen Street.

Let’s hope you are right about the potential takeover! Come on NBC, show me the money!!

NBC better be quick. The valuation on depressed assets don't last long.

Kathmandu now @ $1b enterprise valuation and is almost a 3 bagger from entitlement price.

In my opinion Sky and Kathmandu are equally rated. Both have great advantages and disadvantages. Both facing challenges. Both should be valued the same.

[Quantitative Easing]

And in terms of offer price i would say 49 to 55 cents/share is enough for share holder approval. My opinion anyway lol.

[mistaTea]

And in terms of offer price i would say 49 to 55 cents/share is enough for share holder approval. My opinion anyway lol.

I would love for that to happen, but I am not sure Sky would get $800M + unless there was one hell of a bidding war between NBC and another big player.

My personal opinion is that an offer of 40c would prob get a deal over the line with shareholders in the absence of competing bids.

[RGR367]

+1 into that club...

Never been in a closing Club before but this time I'll just be joining to pull up my downward ave price of it. As Covid-19 presenter would say, it's a heck of a lot to pay just to flatten it a bit.
Hope it's really different this time.

[mistaTea]

Drop in volume, SP up ~9% so far.

Should settle somewhere between 20-25c soon.

[winner69]

Drop in volume, SP up ~9% so far.

Should settle somewhere between 20-25c soon.

What a stock SKT is

Go you beauty

[GR8DAY]

What day do we get confirmation of allocation(s)?? Thanks in advance.

[mistaTea]

What day do we get confirmation of allocation(s)?? Thanks in advance.

Applications and payment due tomorrow 9 June.

Confirmation of allocation is on 12 June.

Settlement is on 16 June.

[blackcap]

The CFO chucking in $25k of loose change at 12 cents. Maybe he spots a bargain. (or a quick $10k arbitrage gain)

Even bigger balls is Sophie Maloney (Chief legal person) with a $108k investment.

But one step further is director Michael Darcey purchasing 1.5m shares on market at $0.1528 per share.

https://www.nzx.com/announcements/354317

https://www.nzx.com/announcements/354316

[sb9]

The CFO chucking in $25k of loose change at 12 cents. Maybe he spots a bargain. (or a quick $10k arbitrage gain)

https://www.nzx.com/announcements/354317

Also, the head of Legal & People chucking in bit more than CFO a total of $109k...