I still think it's weird that the last director/inside purchase was back on the 5th of March. (Excluding Handley's massive hand grab after he left as the rule doesn't apply to him).
"30 days prior to Sky’s year-end balance date, until the first trading day after the full year results are released to NZX"
Balance date is June 30th so the window has now closed and no on market purchases allowed until the window opens again one day after the end of year results in August.
Maybe this is all meaningless but still, you would think one person would have top up even if it was just a token amount.
You and I probably would in their positions, however they are playing their cards close. Multiple buy ups or large scale ones would be a market signal like a flashing light and these directors do not want to do that. They have massive integrity
United States entertainment giant Discovery paid $20 million in cash for TV3, Newshub and the rest of MediaWorks’ television business, accounts filed by MediaWorks with the Companies Office show.
The sale price illustrates the low valuations now attached to mainstream media assets as a result of the shift of advertising revenues to the internet.
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Originally Posted by winner69
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