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Thread: SKC - Sky City

  1. 28-06-2017, 10:58 AM #491
    macduffy
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    Quote Originally Posted by sb9 View Post
    What's with big crossing of 35ml shares @4.05 a piece this morning?
    Obviously some big holder selling down. Wait for the substantial holder notice.
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  2. 28-06-2017, 11:02 AM #492
    macduffy
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    Chairman Chris Moller to step down at end of the year.

    http://www.nzherald.co.nz/business/n...ectid=11883017
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  3. 28-06-2017, 11:36 AM #493
    hogiela
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    Quote Originally Posted by macduffy View Post
    Chairman Chris Moller to step down at end of the year.

    http://www.nzherald.co.nz/business/n...ectid=11883017


    Market over-reacting to this? Crazy selling happening ... wish I had've waited until today to purchase my holding grrrr
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  4. 28-06-2017, 11:55 AM #494
    carrom74
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    Quote Originally Posted by hogiela View Post
    Market over-reacting to this? Crazy selling happening ... wish I had've waited until today to purchase my holding grrrr
    Would be interesting whether the new incumbent chairman will be able to resist the take over bids from Investors in Australia...Chris was stubbornly resisting it.AFR ran a report not long ago.

    The downfall is knee jerk Hogiela...will be up soon...
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  5. 28-06-2017, 01:02 PM #495
    macduffy
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    Quote Originally Posted by hogiela View Post
    Market over-reacting to this? Crazy selling happening ... wish I had've waited until today to purchase my holding grrrr
    Not so much the change of chairman, more the 35m shares crossed at $4.05 this morning I would think. Market is adjusting to this, for the time being, at least.
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  6. 29-06-2017, 08:52 AM #496
    hardt
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    Buy time...
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  7. 29-06-2017, 10:03 AM #497
    JoeGrogan
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    Quote Originally Posted by hardt View Post
    Buy time...
    Indeed
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  8. 29-06-2017, 01:13 PM #498
    Mickey
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    Quote Originally Posted by hardt View Post
    Buy time...
    What in your mind makes them a buy at the moment hardt?
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  9. 29-06-2017, 01:17 PM #499
    King1212
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    Quote Originally Posted by Mickey View Post
    What in your mind makes them a buy at the moment hardt?
    That was what I about to ask....
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  10. 29-06-2017, 01:47 PM #500
    Balance
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    Quote Originally Posted by King1212 View Post
    That was what I about to ask....
    Rob Campbell joining the Board as Chairman is actually one good reason to buy - his track record at THL, Precinct and Summerset is absolutely superb.

    Any sell down of this size usually involves the one seller needing to discount down to a level where other sizeable buyers will find attractive to 'help' relieve the seller.
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