SKT Sky Network Television Limited.

[winner69]

Mistatea, Ogg et al, you guys must be happy as Larry getting a opportunity like this to get so many shares on the cheap

Your conviction is paying off

[Arthur]

It is underwritten, so there will just be a change of ownership. At first glance at the presentation Sky looks interesting at this price.

[RTM]

When do they start trading again ?

[see weed]

So if I want to participate in this spp, then will have today and Monday until 5pm to buy SKT shares to be able to do it?

[flyer]

So if I want to participate in this spp, then will have today and Monday until 5pm to buy SKT shares to be able to do it?

Yes, that's how I see it. Revised share price is listed at 17.5 on ASB at the moment.

[macduffy]

So if I want to participate in this spp, then will have today and Monday until 5pm to buy SKT shares to be able to do it?

I don't think so. Record date for the issue is Monday, ie ownership must be registered by then. As trading is currently halted and as settlement for trades is two business days, entitlements will be as per the current register.

[mistaTea]

Yes, that is how I understand it.

The whole deal is to raise capital and benefit existing shareholders (who have been through the ringer!). Not to let opportunists try and jump on at the 11th hour and make a 'quick buck'

[sb9]

I don't think so. Record date for the issue is Monday, ie ownership must be registered by then. As trading is currently halted and as settlement for trades is two business days, entitlements will be as per the current register.

Pretty much if you're not a holder before the announcement came out which was y'day, then you aren't eligible for SPP offer.

[macduffy]

Note that it is an entitlement offer, ie based on number of shares held, not a Share Purchase Plan.

[sb9]

Note that it is an entitlement offer, ie based on number of shares held, not a Share Purchase Plan.

Sure, thanks for correction.