SKT Sky Network Television Limited.

**Quantitative Easing** · 09-06-2020, 11:19 PM

True Headline - Another company delisted from the NZX.

**Ogg** · 09-06-2020, 11:20 PM

I think the CEO of Mediaworks is right.

https://thespinoff.co.nz/media/05-06-2020/senior-mediaworks-source-emphatically-denies-reports-three-sold-to-discovery/

Discovery Inc isn't buying Mediaworks.

Brookfield and Infratil are buying both Mediaworks and Sky TV.

You read it here first.

**Ogg** · 09-06-2020, 11:22 PM

Just lol if the stock doesn't go into a trading halt tomorrow.

The biggest media shake up in NZ is about to happen.

**Quantitative Easing** · 09-06-2020, 11:22 PM

Originally Posted by Ogg

I think the CEO of Mediaworks is right.

https://thespinoff.co.nz/media/05-06-2020/senior-mediaworks-source-emphatically-denies-reports-three-sold-to-discovery/

Discovery Inc isn't buying Mediaworks.

Brookfield and Infratil are buying both Mediaworks and Sky TV.

You read it here first.

Yup and they will go 50/50 and put in an offer price of around 800 million NZD.

**Dlownz** · 10-06-2020, 07:12 AM

Originally Posted by Quantitative Easing

Yup and they will go 50/50 and put in an offer price of around 800 million NZD.

If you say 800 million. Then the company is priced at 50 cents a share.

**Balance** · 10-06-2020, 07:51 AM

Originally Posted by Ogg

Just lol if the stock doesn't go into a trading halt tomorrow.

The biggest media shake up in NZ is about to happen.

You mean it will be too late to buy today when markets open? 😳

**Akane** · 10-06-2020, 08:24 AM

Originally Posted by Ogg

Just lol if the stock doesn't go into a trading halt tomorrow.

The biggest media shake up in NZ is about to happen.

Just caught up 5 pages worth of chatter... I hope you're right, SKT was one of my first investments into share market, the bags are heavy and all I want to do is get off this wild ride, so far I've lost 85%+ of my holdings worth (not counting the entitlement CR offer). Getting off this crazy bus with minor scrapes and bruises would be a blessing.

**Raz** · 10-06-2020, 08:30 AM

well I think we are now all waiting, great chat guys

**Ogg** · 10-06-2020, 08:41 AM

Originally Posted by Balance

You mean it will be too late to buy today when markets open? 

It means that there's enough information in the public domain to warrant an explanation or at least some type of commentary confirming or denying these rumors.

The market needs to be informed about potential material events. Otherwise more retail holders could sell their stock and remain unaware of what's going on.