SKT Sky Network Television Limited.

[Moneyman]

Pretty sure the buyback must stop a month out from a reporting period so no buying in December. It also provides an opportunity for the bidder to come back with no disclosure needed…

[thebusinessman]

It's almost like they declared negotiations finished to give themselves that opportunity... I'm not sure it's not above board though, when I think about it.

[mistaTea]

Pretty sure the buyback must stop a month out from a reporting period so no buying in December. It also provides an opportunity for the bidder to come back with no disclosure needed…

Could just be that, indeed.

[mistaTea]

It's almost like they declared negotiations finished to give themselves that opportunity... I'm not sure it's not above board though, when I think about it.

Oh Bownan definitely won’t have won’t anything against the rules, no worries there.

And, as you say, it could just be a pause in the buyback a month out from reporting etc.

If it did turn out that the interested party came back so soon it just wouldn’t be a good look is all I am saying.

Though no insinuation that Bowman has done anything wrong so far as the rules go.

Just a lucky guy I guess!! He can see what a third party bid for the business plus be privy to independent valuations from the bankers etc…and then load up the truck on shares whereas the market gets none of that info.

[thebusinessman]

I've sent an email to investor relations to see if they have any thoughts.

[RTM]

Oh Bownan definitely won’t have won’t anything against the rules, no worries there.

And, as you say, it could just be a pause in the buyback a month out from reporting etc.

If it did turn out that the interested party came back so soon it just wouldn’t be a good look is all I am saying.

Though no insinuation that Bowman has done anything wrong so far as the rules go.

Just a lucky guy I guess!! He can see what a third party bid for the business plus be privy to independent valuations from the bankers etc…and then load up the truck on shares whereas the market gets none of that info.

Well, when they see him loading up the truck, after looking at all the info, that’s a bit of a clue as to what is going on….right ?
Are you back in Mr T ?

[mistaTea]

Well, when they see him loading up the truck, after looking at all the info, that’s a bit of a clue as to what is going on….right ?
Are you back in Mr T ?

That’s hardly the same thing though. Inferring from his buying that SKT is undervalued is one thing. Having access to the exact amount that a bidder has offered as well as whatever independent valuation they got as part of the process is quite another I think.

No I don’t own SKT and would not consider buying in again with current Leadership no matter how ‘cheap’ the company ever looked.

[errornz]

That’s hardly the same thing though. Inferring from his buying that SKT is undervalued is one thing. Having access to the exact amount that a bidder has offered as well as whatever independent valuation they got as part of the process is quite another I think.

No I don’t own SKT and would not consider buying in again with current Leadership no matter how ‘cheap’ the company ever looked.

Current leadership has made me money. Old leadership lost you money. Shame.

[mistaTea]

Current leadership has made me money. Old leadership lost you money. Shame.

Oh you are trigg, say thank ya.

[errornz]

How much did you lose again?