SKT Sky Network Television Limited.

[mistaTea]

In that case the price would rise

Not necessarily. In aggregate there could well be enough willing sellers to soak up the ‘buy volume’ and keep the SP largely unchanged.

But hey, trading volumes and patterns really isn’t my game. I have absolutely no idea.

[Akane]

The fact they have confirmed earnings guidance is 'good news' - which also makes me think the big volume today is more likely to be due to a player buying big before the results (as opposed to someone getting cold feet a week out and dumping their shares).

I don't know about that, at 7m shares depth in 1 go, but the price did not go above 13.9, doesn't make sense unless it's an off market trade or someone was undercutting the sale at the same time as someone is buying up? Surely at 7m buy in such a short time, it'll knock that resistance right out of the park?

[dompf]

I don't know about that, at 7m shares depth in 1 go, but the price did not go above 13.9, doesn't make sense unless it's an off market trade or someone was undercutting the sale at the same time as someone is buying up? Surely at 7m buy in such a short time, it'll knock that resistance right out of the park?

It had to be off market there wasn't enough depth on the sell side for that volume especially without moving the price.

It is a lot of shares swapping hands;

[jimdog31]

I don't know about that, at 7m shares depth in 1 go, but the price did not go above 13.9, doesn't make sense unless it's an off market trade or someone was undercutting the sale at the same time as someone is buying up? Surely at 7m buy in such a short time, it'll knock that resistance right out of the park?

If it were management buying, at what point would we get the disclosure?

[mistaTea]

If it were management buying, at what point would we get the disclosure?

One thing we don't ever have to worry about with this business is Management buying meaningful amounts of shares with their own money! Ha!

I don't think we have to worry about them launching a LBO - a Ross Johnson Martin Stewart is not!

[mistaTea]

US OPEN is on ESPN2 from today.

Christ, between the Tour de France and the US OPEN I am spoilt for choice.

I have my MacBook Air playing Sky Sport NOW all day while I work on my work laptop

[Akane]

If it were management buying, at what point would we get the disclosure?

When it's too late

[Balance]

When it's too late

Management not allowed to buy until results are announced.

[Ogg]

Management not allowed to buy until results are announced.

You need to clear your PM inbox Balance.

[mistaTea]

You need to clear your PM inbox Balance.

So now you are cheating on me with Balance is it?!