General Betting
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http://www.guardian.co.uk/business/2011/jun/29/betfair-buyback-flotation-struggling-morana
The circus continues....
The circus continues....
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Sounds like freeserve.
They peaked @ about £14 and kept buying back shares. Eventually they were sold for about 50p to some french firm |
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we should all shorten the stock get the price vulnerable for a takeover. How many would we need to buy
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or, they've done the maths on what this new hike's likely to bring in and think that the shares are a bargain.
informational assymetry, innit. |
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Good business if you can sell something for £14 behave in a manner that makes it worth £7 then buy it back.
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Oh so now the theory is that they ( the BF mgt) are doing all this deliberately to drive their share price lower ?
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