SKT sky network television limited.

No doubt about it - sport will eventually resume as per normal...

  1. 604 Posts.
    lightbulb Created with Sketch. 123
    No doubt about it - sport will eventually resume as per normal and hopefully in the meantime the local NZ competition is able to succeed.

    Sky will suffer a drop in sport subs in the short term though. Some subs will be retained because Sky are offering 3 months free sky movies etc to sport subscribers. But some will cancel their sport package anyway as they don't want any of Sky's entertainment offerings.

    For me, a capital raise while the SP is so incredibly low would have to be an absolute last resort. It would be way too destructive to the wealth of shareholders who can't participate.

    They should see if Westpac will delay the reduction in their loan facility from $200M to $150M for 12 months for example. I think the banks are coming to the party to support people and businesses so that could be an option

    Anything but a CR at this point in time in my view.

    They also should be actively pursuing buyers.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.66
Change
0.040(1.53%)
Mkt cap ! $366.2M
Open High Low Value Volume
$2.56 $2.66 $2.56 $49.96K 18.99K

Buyers (Bids)

No. Vol. Price($)
1 333 $2.55
 

Sellers (Offers)

Price($) Vol. No.
$2.68 333 1
View Market Depth
Last trade - 14.40pm 17/06/2025 (20 minute delay) ?
SKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.