Much quieter trading yesterday.Came across this...

Much quieter trading yesterday.

Came across this today:

https://www.rbnz.govt.nz/news/2020/0...siness-lending

Hopefully these measures will make the possibility of Sky working with the banks to ensure it can use banking facilities to repay the bonds a real possibility.

As I have mentioned before, I think a capital raise at this point in time would be far too destructive to current shareholders who can't participate.

For the record, should Sky do a discounted rights offer - I would personally be in a position where I can fully participate. And, no doubt, it would probably be to my financial advantage to do so.

However I have a genuine concern for the poor bastards who have paid north of, say, $1.50 a share... and have supported the company over the years yet would be absolutelty decimated by a capital raise with the SP being so low if they don't have available funds to participate.

I don't feel like I really 'win' if my business partners lose so heavily.