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Forums › Finance and wealth management › I see nzx has sky tv share price at 2.05… methinks it should be $0.205
hobsonlea

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#289609 16-Sep-2021 14:22
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https://www.nzx.com/instruments/SKT

The feed is being used by asb as my share portfolio rose by $9400

Peter


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michaelmurfy
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  #2779382 16-Sep-2021 14:39
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Sell! Do it now!




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Nate001
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  #2779383 16-Sep-2021 14:39
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They are currently undergoing a 10-1 share consolidation. Hence the 10x price increase. 

 

There is more information in the company announcements. 

Sidestep
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  #2779384 16-Sep-2021 14:41
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Sell now!

 

Seriously though, wonder what'd happen if you had a limit sell order set?

 

Edit: OK, I see it's a consolidation, wouldn't happen.



Nate001
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  #2779385 16-Sep-2021 14:43
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Sidestep:

 

Sell now!

 

Seriously though, wonder what'd happen if you had a limit sell order set?

 

 

I'm assuming as they're not trading today, all pending orders will be cancelled automatically at market open tomorrow and you'd need to redo it. 

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  #2779391 16-Sep-2021 14:54
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From the consolidation announcement ... trading is currently suspended until tomorrow morning...

 

"In order for the Share Consolidation to be processed SKT will be halted from pre-market open on Ex Date, Wednesday, 15 September 2021.

 


On Friday, 17 September 2021, trading will resume in SKT ordinary shares."

hobsonlea

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  #2779401 16-Sep-2021 15:16
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Thx found the consolidation statement

https://www.sky.co.nz/documents/117005/348102/NZX+-+Share+Consolidation+Announcement+and+Corporate+Action+Notice+%5B25+August+2021%5D.pdf/6e4e6931-4847-db18-704e-c5fa6400fa02?t=1629845403778

 
 
 
 

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freitasm
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  #2779432 16-Sep-2021 16:42
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Me thinks you posted in wrong sub-forum.




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tdgeek
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  #2779545 16-Sep-2021 19:53
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I see nzx has sky tv share price at 2.05… methinks it should be $0.205

 

It is lol. 

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