SKT Sky Network Television Limited.

[Dlownz]

Either way. The shares will get to or past 24 cents being the most undervalued stock possibly now on the stock market. Sky has a future. As long as my share purchase goes through I'll be happy. Moneys all out of the account so now its a waiting game. I'd love 50 cents a share but I see it as very unrealstic. I could see 36 cents to 45 cents in a year. I'm not holding my breath about a takeover just a lot of speculation on here and not a whisper outside this forum 🙂

[blackcap]

Either way. The shares will get to or past 24 cents being the most undervalued stock possibly now on the stock market. Sky has a future. As long as my share purchase goes through I'll be happy. Moneys all out of the account so now its a waiting game. I'd love 50 cents a share but I see it as very unrealstic. I could see 36 cents to 45 cents in a year. I'm not holding my breath about a takeover just a lot of speculation on here and not a whisper outside this forum ��

I hope you are right but you seem to be stating opinion as fact. No one knows if SKT will get past 24 cents. The market does not seem to think so currently. There is nothing that is a risk free return in life. (maybe some govt bonds and even those are not risk free). What do all you punters know that the people selling SKY do not know?

[mistaTea]

Just had some comms with an analyst (no names) who seems to think the IFT CR could be for NZ refining...

[Ogg]

bought at 17.2c.

Missed that. Nice.

Are you in for just the take over or would you be happy holding?

Remember you posting something along the lines of, Sky is old tech etc.

[mikeybycrikey]

Just had some comms with an analyst (no names) who seems to think the IFT CR could be for NZ refining...

To me that fits more with how IFT operates. They tend to buy boring things and I'm not sure I would call Sky boring. Or at least not boring enough.

And Balance's question about why this didn't happen before the capital raise is an interesting one. Although I do accept that the capital raise did happen pretty quickly.

[Ogg]

Just had some comms with an analyst (no names) who seems to think the IFT CR could be for NZ refining...

What firm does he work for?

[Balance]

Missed that. Nice.

Are you in for just the take over or would you be happy holding?

Remember you posting something along the lines of, Sky is old tech etc.

Sky TV post capital raising is a prime M&A candidate - more merger imo than takeover.

[Leftfield]

Just had some comms with an analyst (no names) who seems to think the IFT CR could be for NZ refining...

Interesting...... however, I suspect there are many possible targets for IFT (not just SKT). Another possibility could be MET? etc. etc.

[Ogg]

Just had some comms with an analyst (no names) who seems to think the IFT CR could be for NZ refining...

You would think if it was for NZ Refining the placement would be a lot more orderly.

Also, they could have built up a holding without raising any eyebrows.

[macduffy]

You would think if it was for NZ Refining the placement would be a lot more orderly.

Also, they could have built up a holding without raising any eyebrows.

Thus, are market rumours starters! I liked the SKT one better - some creative guessing there!