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

Wed, 08 Nov 2023

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...

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