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Hunter’s Corner
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$30m says Sky TV is undervalued – who’s buying?

ANALYSIS: The market appears stubbornly unmoved by the pay-TV company’s insistence its shares are priced too low.

Sky TV says it will repeat a $15m on-market buyback programme this year.

Tim Hunter Fri, 22 Mar 2024

Sometimes it seems the words of a captain of industry are like the cries of a helpless sailor flung into the teeth of a tempest.

The implacable market will pursue its own course, unmoved by a mere mortal’s entreaties.

At the Sky TV’s annual meeting in November 2022, chair Philip Bowman said the

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Tim Hunter Fri, 22 Mar 2024
Contact the Writer: thunter@nbr.co.nz
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$30m says Sky TV is undervalued – who’s buying?
Hunter’s Corner,
103293
true