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1.23%

$2.41 sky network television limited.

Ann: Sky Investor Day presentation - 29 June 2021, page-22

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MarsC

4,287 Posts.

467

29/06/21

16:16

Post #: 54150882
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Originally posted by Chao88: ↑

The way I see Sky getting a rerate by the market is if one of the following eventuates:

1) Corporate transaction occurs where a suitor offers a takeover or merger

2) A successful venture into broadband and changing business model. The fact they are selling property, paid off debt means the business is reducing operating and financial leverage and moving more to a variable cost base which will fluctuate more in line with revenue performance. So in other words if they hit their forecast of 75 to 100 per annum revenue growth then they will get a re-rate, clearly market does not have any confidence in management forecasts

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Of course market has no confidence. That's clear & kinda' the point.

SKT Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $2.41		Change -0.030(1.23%)		Mkt cap ! $331.7M

Open	High	Low	Value	Volume
$2.41	$2.41	$2.41	$24.1K	10K

Buyers (Bids)

No.	Vol.	Price($)
2	1469	$2.40

Sellers (Offers)

Price($)	Vol.	No.
$2.42	4404	1

View Market Depth

No.	Vol.	Price($)
2	1469	2.400
1	1029	2.380
2	400	2.350
2	4667	2.300
1	4500	2.250

Price($)	Vol.	No.
2.420	4404	1
2.430	1260	1
2.450	3460	1
2.500	9728	3
2.600	5374	2

Last trade - 11.03am 17/10/2024 (20 minute delay)

SKT (ASX) Chart

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