Retail can only push Sky up so much. Insiders have already secured Sky holdings in placement. Smart money is now going into Infratil.
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What colour Lambo you gonna buy Ogg?
Wonder if institutions will pump and dump
Hopefully we will all receive our emails today saying our 120% SPP were successful and our new quantity of shares are …..
No need to pump it because take over is coming. They're not selling either.
I fear that the take over price on Sky may not be as high as many on here are hoping.
The insiders are now buying Infratil.
Unless a White Knight comes (Comcast), then this might not be an exciting take over.
I was one of them. Hearing some rumours and thought I would jump in.
Wow so takeover is confirmed now eh? amazing how fast that escalated
I am not sure that IFT necessarily want Sky...
It could be more that with Sky Broadband coming soon...that move would make Vodafone worth less as Sky would be a serious competitor. With over 1M existing subs to market to, and the range of compelling bundles they could offer both satellite and streaming... it would be bad news for Vodafone (and Spark for that matter).
So perhaps it is a case of buying Sky to turn a potential serious threat into an asset. Especially while Sky can be picked up for pennies on the intrinsic dollar.
From what I have heard, nothing is signed but is getting close. Don’t know the parties involved but apparently big... sorry that’s all iv got