Jarden could still be working on options. They will no doubt bring a proposal to the board soon (these guys will want any deal so they can get their fee!).
If Jarden are still looking at options and nothing has been pitched yet then I don’t see why Sophie couldn’t buy shares…
Jarden could still be working on options. They will no doubt bring a proposal to the board soon (these guys will want any deal so they can get their fee!).
If Jarden are still looking at options and nothing has been pitched yet then I don’t see why Sophie couldn’t buy shares…
When she was appointed CEO she never disclosed her holdings.
Shareholders have not approved her so why would she get all the info and secret board talk. That would be against the company constitution.
Remember, she's a replacement CEO under short notice. A fill in.
No directors have made any trades. Seems strange that none of them would do some token purchases right now???
I'm not saying anything but just pointinig out the fact that it's possible she doesn't know and she doesn't need to know.
If the Chair or other directors came out and did some trades then yeah, 100% wouldn't be a deal happening. But in this situation it is a little cloudy.
Valid point mate. Would that also apply to the negotiations on the property?
The takeover may already be happening. Ownership of NZME and Sky combined would allow advertisers a one stop shop for both print, Radio and TV. NZME already have a first class news service in print and radio so could bring the Hosk back to SKY to compete head on with TVNZ and discovery(3). Centralised news cost like news hub. Sky did try many years ago with Paul Holmes.
I think most instos will have a valuation of Sky between 23-30c atm and arent likely to let their shares go at the prices we have past recently(baring some significant changes in circumstances). With international events moving away from New Zealand, this is also good news for sky (as the only way kiwis can attend/watch is via streaming). The border closure may be in place for some time so this would be good for Sky for some time longer.
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