Tradefair & Financials
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Early this year I sought advice on general betting about buying BDEV. The reason being, my father in-law is heavily involved with several building firms of various sizes. He said that Barratt had been touting and trying to buy land off his building cronies, anything considered. The replies from general betting (wish I had asked on here) were basically, are you nuts.
The price at the time was 70 odd pence. Next time I checked had double to 160. I noticed recently was around 250+. Obviously I was sick as a dog for not getting involved. I see the price dropped through the floor from 250 to 150 near the end of October yet there is no news listed other than general meeting on 19th.
Does this mean that whatever was said in the general meeting caused a massive sell off of shares?
tia
The price at the time was 70 odd pence. Next time I checked had double to 160. I noticed recently was around 250+. Obviously I was sick as a dog for not getting involved. I see the price dropped through the floor from 250 to 150 near the end of October yet there is no news listed other than general meeting on 19th.
Does this mean that whatever was said in the general meeting caused a massive sell off of shares?
tia
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1 for 3 rights issue to raise £545.5m
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Many thanks, madasahatter.
You can see my knowledge of such matters is not great! |
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There cashing in on while they can get there hands on some cash, the share price is usually a good indiator of the woder hoursing market, expect modest falls in 2010 at the very least.
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got nothing at all too do with above - ignore
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How did they bounce back so well? It looked like a very similar situation to Premier Foods, with both making huge acquisitions at the wrong time and having debts that looked potentially unmanageable.
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