Sky board grilled on share price 'skydive'

Sky board grilled on share price 'skydive'
Sky Network Television CEO Sophie Moloney and chair Philip Bowman believe the company has a good story to tell the market. (Image: Sky TV)
Rebecca Stevenson
One Sky Network Television shareholder said they had lost $10,000 after investing $15,000 in the company and asked its board about its “share price skydive”. Another, Coralie van Camp, said she bought shares at $6.09; she, too, had watched the shares “dive”. “I feel like they’re setting us up for a low-ball takeover,” Van Camp said. Sky’s board fielded a number of questions about the New Zealand stock exchange-listed (NZX) company’s well-publicised languishing share price at i...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025