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.
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No doubt about it - sport will eventually resume as per normal...
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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. |
---|---|---|
$2.68 | 333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 333 | 2.550 |
1 | 9000 | 2.400 |
1 | 4365 | 2.290 |
1 | 120 | 2.270 |
1 | 6216 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.680 | 333 | 1 |
2.690 | 1291 | 1 |
2.700 | 333 | 1 |
2.790 | 179 | 1 |
2.800 | 5180 | 1 |
Last trade - 14.40pm 17/06/2025 (20 minute delay) ? |
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