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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Closing market cap $82M! Much lower trading volume but Christ Sky shares have been savaged!!
Fascinating times! Terrible times...but fascinating nonetheless!
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?
They will Need to cap raise via rights issue
Back to 19, lol. Might get the chance to top up after all.
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...
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.