I think I just view mu investment differently to a lot of people I see posting on HotCopper and Sharetrader.
I see my investment for what it is - ownership of a portion of a business. Not 'a stock' that I am praying to God if I buy it today for one price I can sell it for more than I paid next month or next quarter.
When looked at as a business, Sky is actually very well positioned to increase earnings over time.
A takeover could happen - but it's not something I am thinking about much or hoping for. One would be excused for thinking that at the current low quoted value of the shares a takeover would have happened by now if it was in the pipeline.
Having said that, IFT have raised half a billion dollars recently and have not used the money yet - and Ogg presents a compelling case for why a company like IFT might buy Sky to merge with Vodafone.
The 'story' for Sky is, broadly speaking, playing out in line with my thinking when I first took an ownership stake in the business. Time will tell how this ultimately plays out, and I am a very patient man. So long as my business is performing in line with my expectations, Martin and the team will find no quarrel with me.
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SKT
sky network television limited.
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$2.85

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Last
$2.85 |
Change
0.100(3.64%) |
Mkt cap ! $392.3M |
Open | High | Low | Value | Volume |
$2.80 | $2.89 | $2.80 | $118.4K | 41.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $2.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.86 | 3252 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 2.630 |
1 | 2000 | 2.570 |
1 | 3913 | 2.550 |
1 | 2000 | 2.500 |
1 | 400 | 2.490 |
Price($) | Vol. | No. |
---|---|---|
2.860 | 3252 | 1 |
2.890 | 10165 | 2 |
2.900 | 30000 | 1 |
2.930 | 1200 | 1 |
2.960 | 1000 | 1 |
Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
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SKT (ASX) Chart |