presumbly referencing the 10 -> 1 share consolidation plan, which technically involves a small capital return where Sky is purchasing a small number of shares where the rounding on the shareholdings isn’t easily divisible by 10.
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I don’t think the price action is being driven by takeover action (although would love to be proven wrong) - but rather the Warner’s/HBO deal being a really important key asset of sky’s non-sport offering. Many feared Sky would lose access as HBO Max launched as a standalone service.
Wouldn't that be priced in the day it was announced rather than days later? Efficient markets hypothesis and all?
So the market is now in love with SKY again. The long term suffering is due to end. Onwards and upwards back to the good old glory days.....
I can almost see 20cents
Dam I thought that was going to be a Cage gif. ;)
Perhaps that good padre was looking {like some of us} to the SKY and hoping for a second coming {of the share price}.
Large block just been placed at .183
Either someone wants out or someone wants to stop the run......
Dammit ogg you said you wouldn't sell. I thought he was going done with the ship.
Sorry and just like that it disappears. Or is moved to .182
Will be interesting to see how things go over on the asx today.
Infection Point reached.
Edit hahah that should read Inflection but thought I would just leave it there.