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layer1982
29 Jun 11 23:40
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Date Joined: 14 Oct 01
| Topic/replies: 1,698 | Blogger: layer1982's blog
http://www.guardian.co.uk/business/2011/jun/29/betfair-buyback-flotation-struggling-morana

The circus continues....
Pause • Switch to Standard View Betfair to buy back £50m shares...
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Report five leaves left • June 29, 2011 11:44 PM BST
Sounds like freeserve.
They peaked @ about £14 and kept buying back shares.

Eventually they were sold for about 50p to some french firm
Report Johnny Fontaine • June 29, 2011 11:54 PM BST
we should all shorten the stock get the price vulnerable for a takeover. How many would we need to buy Mischief
Report viva el presidente! • June 30, 2011 2:03 AM BST
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.
Report Lori • June 30, 2011 8:22 AM BST
Good business if you can sell something for £14 behave in a manner that makes it worth £7 then buy it back.
Report FINE AS FROG HAIR • June 30, 2011 9:44 AM BST
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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