To the moon!
There are a few still keen and keeping the faith. $1.60 in their account and planning to buy another 10 shares
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Potentially, but that's a long time away. Sky would generated significant income by then.
Sky is in a better position than Spark as it has the revenue to pay for the content. Spark is effectively buying the content and then doing prepay. It's yet to be seen weather their recent Cricket NZ purchase will pay off. Sport is only one part of Sky' business, the most important part yes, but there is alot more content on there than just rugby. Would be a huge blow if they lost the rugby but there would also be cost savings without it. It would be impossible to know what would happen with the share price.
Wow ...love the response to analyst/brokers
Do they actually mean anything? Or is just that they give some the warm fuzzies .....and comfort.
It could run back to 16 if not 17 in the short term
15c looks like a strong base here. Just slightly lower than most broker valuations. Smart money would be accumulating here and waiting for corporate activity over the coming months. Every week Sky generates about $1m. It's like having a savings account.
Not enough volume to move the SP. ASX open and punters acting on MorningStar report may push it up.
ceo stewart just brought 250000 shares this morning
Boss just brought a few.. https://www.nzx.com/announcements/359632
Martin Stewart buying at 15c
http://nzx-prod-s7fsd7f98s.s3-websit...632/330573.pdf