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23-03-2020, 07:53 PM
#1931
Closing market cap $82M! Much lower trading volume but Christ Sky shares have been savaged!!
Fascinating times! Terrible times...but fascinating nonetheless!
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23-03-2020, 08:28 PM
#1932
I finally caved today. Bought my first parcel of 72k shares at 19.4c.
It's likely to go lower tomorrow, do I average down?
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23-03-2020, 08:52 PM
#1933
They will Need to cap raise via rights issue
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23-03-2020, 08:59 PM
#1934
Originally Posted by Entrep
They will Need to cap raise via rights issue
That would be last resort. At least 6-9 months away. Lot of other options available. Interest rates only dropping.
Having said that, I would love them to do it now. I would subscribe in full. Dividends would likely resume soon after.
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24-03-2020, 12:24 PM
#1935
Originally Posted by Ogg
I finally caved today. Bought my first parcel of 72k shares at 19.4c.
It's likely to go lower tomorrow, do I average down?
26% return for you in one day!
Buffett could only dream!!!
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24-03-2020, 12:27 PM
#1936
Originally Posted by mistaTea
26% return for you in one day!
Buffett could only dream!!!
lol, yeah kind of ridiculous.
Wanted to buy some more though.
This has a tendecy to bounce and re-test the lows.
Only profit when you sell!
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24-03-2020, 01:34 PM
#1937
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24-03-2020, 07:15 PM
#1938
Back to 19, lol. Might get the chance to top up after all.
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24-03-2020, 07:15 PM
#1939
I wonder if there is a big opportunity here for Sky with the Warriors/NRL.
If Sky choose not to claw back any of the money paid on the understanding that the NRL will sign back on for another 5 years from next year on the same terms as the last 5 years...
Win-win?
The warriors get to not go bankrupt...and Sky secure another very popular sporting code for another half decade...
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24-03-2020, 07:43 PM
#1940
Member
I really hope Sky survive this,a lot of people knock them but they have been a great platform for watching sport for many years.
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