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Betfair to buy back £50m shares months after its flotation
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Betfair to buy back £50m shares months after its flotation
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layer1982
Date Joined:
14 Oct 01
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29 Jun 11 23:40
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layer1982's blog
http://www.guardian.co.uk/business/2011/jun/29/betfair-buyback-flotation-struggling-morana
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five leaves left
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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
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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Johnny Fontaine
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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
we should all shorten the stock get the price vulnerable for a takeover. How many would we need to buy
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viva el presidente!
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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.
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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Lori
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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.
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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FINE AS FROG HAIR
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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 ?
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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