It might be a bit early but i think the bottom is here. There are other signs that the sentiment for the stock may change. These are:
- Arie Decker, one of the most ardent bears of the stock has upgraded the stock to neutral from underperform.
- Sky UK (which has virtually no sports atm) has done better than expected.
- Spark Sport increasing pricing suggests that they are feeling it in the margins. Are black caps really worth $25/week?
- Neon is gaining traction - risk here is that as an aggregator they could easily loose the rights.
- On the brink of being bought out.
As a result, for those that buy at this level, the return might be over 300%...DYOR GLTAH
It might be a bit early but i think the bottom is here. There...
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Last
$2.12 |
Change
0.010(0.47%) |
Mkt cap ! $291.8M | |||
| Open | High | Low | Value | Volume |
| $2.17 | $2.17 | $2.12 | $3.946K | 1.854K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 333 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 1167 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SKT (ASX) Chart |