https://www.nzx.com/announcements/371965
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The next question is...who has had the confidence to buy those shares?
Could be! It could also be that they are required to trim Sky TV down because of rebalancing their portfolios.
Of course, as people dump Sky and the SP comes down you end up potentially needing to trim more and it can become a self-fulfilling prophecy.
Or perhaps they are like Ogg and are sick of waiting!
Imagine holding this stock for a decade while suffering huge losses only to sell out a few weeks before a takeover!
https://i.imgur.com/iMBfbPZ.gif
I think I found your company mate.
https://en.wikipedia.org/wiki/Discovery_Limited
This is Ogg arguing with me that I need to sell my Sky shares and move on with my life (I am Brad Pitt, of course).
https://www.youtube.com/watch?v=QTz7goOiwdo
Next announcement will be a trading halt.
https://indianexpress.com/article/ex...quity-7308952/
Just some media. Random to find it on the Indian Express.
2:29:29 pm 2:29:29 pm 17.1 1,571,056 0.1 $268,650 1
Someone's topping up?