I see nzx has sky tv share price at 2.05… methinks it should be $0.205

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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

279 posts

Ultimate Geek

#289609 16-Sep-2021 14:22

https://www.nzx.com/instruments/SKT

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

Peter

michaelmurfy

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#2779382 16-Sep-2021 14:39

Sell! Do it now!

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Nate001

638 posts

Ultimate Geek

#2779383 16-Sep-2021 14:39

They are currently undergoing a 10-1 share consolidation. Hence the 10x price increase.

There is more information in the company announcements.

Sidestep

1013 posts

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#2779384 16-Sep-2021 14:41

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

638 posts

Ultimate Geek

#2779385 16-Sep-2021 14:43

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.

wellygary

8312 posts

Uber Geek

#2779391 16-Sep-2021 14:54

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

279 posts

Ultimate Geek

#2779401 16-Sep-2021 15:16

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

freitasm

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#2779432 16-Sep-2021 16:42

Me thinks you posted in wrong sub-forum.

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tdgeek

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#2779545 16-Sep-2021 19:53

I see nzx has sky tv share price at 2.05… methinks it should be $0.205

It is lol.

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