SKT Sky Network Television Limited.

**kyanar** · 23-10-2020, 12:02 PM

Originally Posted by Cash_Lion

Lol everyone should know that this was complete speculation. Like it made sense but out of ALL companies, why should we be so sure they were going to buy Sky TV without ANY real indication/evidence. Like throwing a dart in the dark Lol. Nonetheless SKT is completely undervalued for what it is

Undervalued is right. They hold onto quite a lot of near monopoly assets (sports!) and if they can adapt to what customers are wanting there's serious potential for them. They're just too stuck on dishes on roofs, which there are suggestions that they are seeing that the future is a little more diverse than that.

**tqtq** · 23-10-2020, 12:13 PM

SKT up on the open on the ASX. Hope it gets some momentum. It went to 0.155 aud yesterday.

**Ogg** · 23-10-2020, 12:15 PM

Originally Posted by tqtq

SKT up on the open on the ASX. Hope it gets some momentum. It went to 0.155 aud yesterday.

It's as if the takeover happened...

**tqtq** · 23-10-2020, 12:23 PM

[QUOTE=Ogg;852085]It's as if the takeover happened...

Can't wait to see what the volume looks like at the end of the day today

**nevchev** · 23-10-2020, 12:31 PM

Originally Posted by nevchev

Opening auction looking better this morning.could we see a breakout today?

If we can touch 16c that would be a very bullish signal and we should climb higher heading toward xmas

**Cash_Lion** · 23-10-2020, 12:41 PM

Originally Posted by nevchev

If we can touch 16c that would be a very bullish signal and we should climb higher heading toward xmas

It's already extremely bullish the fact that we didnt fall below the 50 day EMA when news that South Africa rugby dropped out of SANZAR, thats shouldve caused a great deal of panic. We bounced off that and formed a bullish triangle confirming uptrend so should be up from here.

**Ogg** · 23-10-2020, 01:03 PM

Last: $0.159 0.9 ↑ 6%

**nevchev** · 23-10-2020, 01:03 PM

Originally Posted by Cash_Lion

It's already extremely bullish the fact that we didnt fall below the 50 day EMA when news that South Africa rugby dropped out of SANZAR, thats shouldve caused a great deal of panic. We bounced off that and formed a bullish triangle confirming uptrend so should be up from here.

The rugby is important but with future plans already known i think sky is no longer a one trick pony.