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betfair shares started trading today

nairda

27 Oct 10 16:12

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Date Joined: 05 Jan 07

| Topic/replies: 991 | Blogger: nairda's blog

did anyone buy or sell

also, any one can tell us what indexs betfair is in...i believe FTSE 250, is there any other stock index that betfair in

you would think big funds would need to own about 30% Of betfair shares for a index ike FTSE 250

Pause • Switch to Standard View betfair shares started trading today

Report Rocket to the FACE • October 27, 2010 4:16 PM BST

Today??

Report nairda • October 27, 2010 4:19 PM BST

yes today...you can start buying Today (LSE:BET)

Also, betfair wouldn't be to far out side FTSE 100...market cap around £1.7 billion

Report nairda • October 27, 2010 4:21 PM BST

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summar...

Report marky sparky • October 27, 2010 7:42 PM BST

has to be a sell surely?

Report nairda • October 27, 2010 10:02 PM BST

short sell it then

Report Whippet • October 27, 2010 10:42 PM BST

They have only listed 10% of the total shares in this IPO, that is why they are in the FTSE250. If they had listed most of them then they would be in the FTSE100.

Report nairda • October 28, 2010 1:29 PM BST

well...16% of shrs was sold in IPO.and another 25% are free to sell, so there 40% plus shares are free to buy and sell...

Report DrWhoAgain • October 29, 2010 11:20 AM BST

Down another 40p or so today. This was always going to be a lay

Report nairda • October 30, 2010 1:46 PM BST

it 2 pounds above it's IPO price

Report pmbets • October 30, 2010 5:34 PM BST

I am surprised the rate the shares are falling.

Report pmbets • October 30, 2010 5:35 PM BST

I think Betfair not getting the guys who helped them start up this business and
provide the liquidity is a major negative for them.

Report pompeyblues • October 30, 2010 6:36 PM BST

whippet - all the shares are listed on the Stock Exchange but only 15/16% were sold by existing shareholders to new institutional investors on Day 1 so it's FTSE 250 for the moment and it will only make it to FTSE 100 if there's a decent share price increase - will need to get to market cap of over £2.5bn to get to FTSE 100 so a share price of about £23.