maybe .. but how long is a piece of string ? ;)
never mind - Ogg will keep us all entertained .. ;)
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Volume traded was fairly solid:
Quote:
Volume 12,501,829
someone stacking SKT for a rainy day ? ;)
Oh look at that:
https://www.nzx.com/instruments/skt
Quote:
High Bid $0.173
Low Offer $0.168
20 Min delayed
it could all be on .. over on ASX .. ;)
17.1 2,000,000 17:10 SP
More crossed after close...could be fascinating how next few days unfold.
Now that the Journalists have done the analysts jobs for them!!!! What a bunch of twits.
What a wasted opportunity when they were on camera to really grill them about approaches, their body language and the responses (even deferrals of questions) would have given us more indication of where things were at.
But no the morningstar guy just wanted to point out how difficult it is to have a strategy these days.
Gut feel says this is when the sp should really start rising. I could have realized my paper profit a bit today but I'll rather wait a bit longer now. Thanks for Egg and MrTea for keeping me especially interested on this crazy thread :D
Yeah Brian Han more worried about whether sky will break out their broadband numbers separately.
Christ Brian, seriously? That’s all you got?
You could absolutely tell that Bowman was expecting a grilling on takeover/merger possibilities. He would have breathed a sigh of relief and probably still can’t believe he got to sit on the couch and just say “nothing to add”.
At least the journos have run with the story.
Vocus need to stop low balling and get serious. If they lose this deal and someone else buys sky they are going to regret it big time. Vocus need sky just as much as sky need them.
Let’s hope common sense prevails.
I'm gobsmacked aye. like any of the cr*py details they were talking about matter if a deal or transaction is on the table.
Id have asked
"my question is for Phil, Phil, Sophie literally just spoke word for word what you guys wrote on Slide 80, given you can't guarantee when dividends are going to resume, and you a have put this day on to install investor confidence in Sky, can you please share with us why the board does not believe the current share price reflects the underlying value of the company"
Server probs .......
Read the preso so glad i did not waste my time watching it. Sounds like it was average as. Maybe they know there's no point as one of these unsolicited offers is actually likely to play out and they are just as over it so are going to just throw the towel in.
I prey if this happens we get something worthwhile. Otherwise I think we are doomed.
Arie Dekker was on with Heather after 630pm. Did not say much... I think the best thing sky have going is their rugby and league deals which are keeping spark at bay.
Ogg, are you currently just going through all the “congratulations your not actually crazy” messages?
honestly thought you would be riding this one in to town mate �� and I wouldnt blame you!
Now that people can actually consider a “transaction” as a possibility, what are the collective thoughts on what the “highly conditionals” would be?
initiate new takeover protocols
move overpaid ceo on? tick
and his sidekick? tick
sale of osb? tick
getting rid of handley? tick
launching broadband? tick
retain Nrl to 2027? tick
push investor date in case buildings have sold? tick (oops)
appointing IR man? tick
appointing jarden to manage process? tick
distracting analysts with talk of NFT’s? tick
getting value up? (attract a few more bidders) ? tick
not paying dividend so its a more cash juicy takeover proposition? tick
whats left?
comcom approval?
sale of buildings?
Any other “conditions” you guys can think of?
"not paying dividend so its a more cash juicy takeover proposition? tick"
A lack of divvie keeps the share price shackled... as mista pointed out a 4c div could have lifted the SP to ceiling