Speculation about SkyCity's future has seen the company's share price end the day up 9.9 percent to $0.67.

SkyCity management have talked about a strategic review for its Adelaide, South Australia casino business and is progressing the sale of its Grand Hotel asset, which would reduce SkyCity’s debt levels.

Harbour Asset Management expert Shane Solly explained further.

LISTEN ABOVE

Speculation about SkyCity's future has seen the company's share price end the day up 9.9 percent to $0.67.
SkyCity management have talked about a strategic review for its Adelaide, South Australia casino business and is progressing the sale of its Grand Hotel asset, which would reduce SkyCity’s debt levels.
Harbour Asset Management expert Shane Solly explained further.
LISTEN ABOVE

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Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Shane Solly: Harbour Asset Management expert on the SkyCity share price going up amid takeover rumour

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4ee14775-f50b-4cd9-86ff-b4b00080a5c9/transcript