SKT Sky Network Television Limited.

[mistaTea]

I love your devotion to the task in hand...

The task of predicting takeovers is definitely getting a good... thrashing as of late.

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Yes, it seems there is stiff competition

[mistaTea]

Yes, it seems there is stiff competition

The ongoing merger analysis certainly seems to be a handful.

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Doesnt look like they will be coming to a conclusion anytime soon.

[mistaTea]

Doesnt look like they will be coming to a conclusion anytime soon.

Probably not, but in the meantime I think they will continue to 'edge' towards a satisfactory conclusion.

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Ogg will egg them on, to be the first one to shell out
.

[tqtq]

That guy who wants to unload his stock on the asx is back. He's got two sell orders in at A$ 17.5c comprised of: 4,390,000 + 1,279,780. It's annoying as he's dropped his price too. See below

$0.13	566,475	9	1	Okay
$0.135	332,561	10	2	Okay
$0.14	222,033	5	3	Okay
$0.145	415,351	5	4	Okay
$0.15	585,316	9	5	Okay
$0.155	118,006	5	6	Okay
$0.16	97,623	5	7	Okay
$0.165	83,299	3	8	Okay
$0.17	25,000	1	9	Okay
$0.175	6,823,780	6	10	You total b*stard
$0.18	28,012	3	11	Okay
$0.185	259,363	4	12	Okay
$0.19	78,684	3	13	Okay
$0.195	3,844	1	14	Okay
$0.20	28,225	2	15	Okay
$0.30	23,000	1	16	Okay
$0.50	15,231	1	17

[mistaTea]

It's obvious it was sold for $1 and that there were loads of strings attached.

That certainly isn't obvious to me.

But if you are right - and market conditions have deteriorated so much with new competition in the outside broadcasting space that our asset is now only worth $1 then they definitely needed to get rid of it and move on.

Hell, maybe it is so worthless that Sky paid NEP to take it off our hands!

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I like the cut of the jib of the bloke at $0.50

[mistaTea]

Ogg will egg them on, to be the first one to shell out
.

Yes, by egging them on he will be sure of a beautiful Money Shot into his bank account.