With decisions like these it's no wonder Mr Market struggles to give Sky a fair PE multiple.
All things being equal, that $40M could have gone towards resuming a dividend last year.
And the idea that we would not have retained the rugby contract if we didn't buy RP to demonstrate how "with it" we are as a company is quite frankly laughable.
I bought into the spiel at the time and had high hopes, but I see now that management panicked near rugby renewal time and overpaid massively for a pretty shitty asset.
As I say, Pooman had better deliver something good on Thursday.
He has plenty of cash at his disposal despite management trying their best to squander it.
Surely he can't f* this up. Especially with all the various 'Helpers' he has hired!
*gulp*
With decisions like these it's no wonder Mr Market...
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Last
$2.70 |
Change
0.000(0.00%) |
Mkt cap ! $371.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 5000 | 1 |
View Market Depth
| Last trade - 07.00am 08/08/2025 (20 minute delay) ? |
| SKT (ASX) Chart |
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