LOL .. please try to be kind to our troubled OGG - all that nervous twitching on whether to stay or exit .. ;)
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Some sell orders at $8.69 :O
Speaking of Fellet, this was from the Farmers Weekly last week:
From non-existent to connected | Farmers Weekly
The video version of it. We were lucky in Aotearoa|New Zealand to be blessed with John's capability.
https://www.youtube.com/watch?v=1CddB8OfowI
I would sell immediately, and suspect many others would as well, especially the insto's. He had his time, completely misunderstood the changes in media content delivery and presided over a monstrous destruction of shareholder value.
Let it go, he's gone and finally we have a strong strategy, coherent plans and leadership to take us forward.
https://www.stuff.co.nz/business/ind...est-rate-rises
Sky TV shares remained in a trading halt ahead of a share consolidation, with shareholders receiving one Sky TV share for every 10 they hold at 5pm on Thursday. The shares will resume trading at $2.05 on Friday, having closed on Tuesday at 20.5c each.
“That’s probably going to be quite good for them, I would say,” said Hampton. Sky TV was likely to get a bit more interest as it would not seem too cheap in the eyes of some investors, he said. “It doesn't actually affect the value of the company, but New Zealanders like our shares to be the $1 to $30 mark. Mainfreight runs into the opposite problem. “In America, for example, the more expensive the better as far as those investors are concerned and then Australia’s somewhere in-between, they like to see their shares around A$50 to a couple of hundred dollars.”