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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/4596eeb5-9dc3-499f-9fcf-b4b00080a6ba/transcript