The amount of backstabbing and bullsh1t that went on was just incredible.
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I feel like Bond in Casino Royale right now tied to a chair.
Pooman is the baddie smacking my balls with a rope.
Will I yield in time?
What ever happens hopefully will still be a listing on NZX. There are too many companies ripe for the picking.
They would have to issue a tonne of shares to do a reverse takeover type merger of any meaningful assets (my preference being 2D).
The simplest course is the best course usually. And that is for sky to be purchased.
Clean and simple.
Just need to establish fair value + control premium to get the sale price to a value that has a chance in Hell of getting shareholder approval and hey presto! You have a done deal.
Very large volume traded today at inflated prices.
I expect Sky will announce a deal within the next few days or else NZX will be issuing a “please explain” notice.
From a customer's point of view it looks like this company is being stripped ready for sale. The phone support has all but disappeared. A few years ago if you rung the help line you got the message that "one of our Kiwi based crew will help you" then immediately or a few moments later you were speaking to a real person. Yesterday I rang about about connecting with Sky Go. So when the phone rang there were 6 0ptions and none of those options put me through to anyone, eventually a voice told me that there would be a 2 hour 40 minute wait in the queue or I could press 1 for a call back. I pressed 1 but after 20 hours I am still waiting for the call back.
Bad service often leads to bad share price
Hope they find a buyer real soon ......before it all turns to custard
Even 3 bucks would be good .....unless sold will never be worth that on future ourlook
"Inundated with new business enquiries"
How about this, we have been existing streaming customers for two years ish and of course always paid the monthly account which is direct debit anyway. So I rang sky to upgrade to a STB so I could compare the extras. After answering all the questions over the phone they declined us saying we had bad credit. And they wouldn't tell me anything more. Weirdly they did allow us to continue with streaming which is concerning if we are "a risk". We pay regular accounts worth tens of thousands. It happened a few months ago and haven't investigated this but have not been asked to pay any outstanding bill.