I think the best way to get to a position where we can trust them with shareholder funds...
...is to take the funds off them!
Let's take $100M.
With the $50Mish left over...well, they probably need up to $20M working capital...
So that leaves $30M. On top of existing CAPEX $$$ budgeted from operating cash flows, another $30M is plenty more money for these guys to invest in projects that support and grow the core...
But not nearly enough money for these guys to get themselves into trouble. To do something asinine again.
Ann: Sky not proceeding with MediaWorks acquisition, page-27
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Last
$2.21 |
Change
-0.020(0.90%) |
Mkt cap ! $307.0M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.21 | $2.21 | $8.84K | 4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 5249 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $2.21 | 654 | 1 |
View Market Depth
| Last trade - 11.08am 18/06/2024 (20 minute delay) ? |
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Last
$2.21 |
Change
-0.020 ( 0.45 %) |
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| Open | High | Low | Volume | ||
| $2.22 | $2.22 | $2.21 | 1556 | ||
| Last updated 11.30am 18/06/2024 ? | |||||
| SKT (ASX) Chart |