Betfair share price since new PC announcement

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Betfair share price since new PC announcement

Postby doris_day » Fri Jul 08, 2011 12:28 pm

On the day of the announcement, Betfair's share price was around 771p. Today it dipped below 700p for the first time. That's a 10% fall in a week.
After the initial offering a few months ago the price rose to around 1550p.

Obviously there are other things happening other than the new PC but its still indicative of people's attitude towards the 'smart minds' that are the Betfair management.
'He was looking for the card so high and wild he'd never need to deal another' - Leonard Cohen
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Postby Triggerhappy » Mon Jul 11, 2011 10:00 am

Im dreaming of Yu quitting early, a new CEO being appointed and them reversing the charge :-(
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Postby keesbart » Mon Jul 11, 2011 10:51 am

11-07-2011 10:00 Betfair share price (BET.L): 665 (-17%).
The shares dropped ca. 100 since 01-07-2011 (from 770 to 665).
The opening price on 22-10-2010 was: 1500.

Conclusion: little or no faith in Betfair on the stock exchange.
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Postby keesbart » Mon Jul 11, 2011 11:08 am

Mistake in my previous post:
Not 17% but 17p.
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