dazby wrote:Beefy, the Glazers got paid at the original price. All they need to do, should they wish, is wait for the price to go down to 50c and then buy them all back. Sold at $14, bought back at 50c or whatever. Easy money.
Evenmydoghatesunited wrote:Friday's NASDAQ update on the scum - down another 28 cents to $12.6.[highlight]Fascinatingly entertaining schadenfreude[/highlight]
Beefymcfc wrote:dazby wrote:Beefy, the Glazers got paid at the original price. All they need to do, should they wish, is wait for the price to go down to 50c and then buy them all back. Sold at $14, bought back at 50c or whatever. Easy money.
That's fine mate but their club would be valued at 12 pence, not really a selling point, is it.
This was a marker, it's where the main shares go is of interest.
Lev Bronstein wrote:Beefymcfc wrote:dazby wrote:Beefy, the Glazers got paid at the original price. All they need to do, should they wish, is wait for the price to go down to 50c and then buy them all back. Sold at $14, bought back at 50c or whatever. Easy money.
That's fine mate but their club would be valued at 12 pence, not really a selling point, is it.
This was a marker, it's where the main shares go is of interest.
True, but if the Glazers buy back the shares that they sold at $14 a share for $6 a share then they've made $8 a share and still own 100% (or near enough) of the club. The next time there's a bit of an upswing for the scum they can play the same trick again.
I've said it before but, canny bastards - there's something you have to admire about them
Evenmydoghatesunited wrote:And down again on Tuesday to 12.31. Am I sad?
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