By an institution today! It's been rising steadily since the update. Looking very promising. Would have topped up but as usual no extra cash. Mind you euro millions tonight £36m, will do nicely:)
It would be fantastic if they reinstate the divi earlier as it is my main income. This year alone It gave me over £15k. Also nice to see a Santa rally😀
Deal had to be done at any cost as size matters within bookies. Very pleased with the board as it shows they know their stuff. Now we are part of an elite multie billion pound company. Price drop is a buying opportunity. Unfortunately no spare cash around here.
I think GVC needs to do this deal desperately otherwise it will fall behind the competitors. Sometimes in business you need to pay more to get what you want. Bwin will be a fantastic fit for GVC and share holders will own a multi billion pound company. I have no worries about this deal and looking forward to shake hands.
Did anybody take my advice to make £100m profit? Well it's getting there, £73m now. Could have made that but Trump declined to lend us £800m. Tight so and so. :)
If Gvc is offering £900m to buy Bwin which has a market value of £800m at the moment then, we have a £100m profit in here. Easy! But don't sell your Gvc shares!
I think GVC will be bidding for unregulated assets of Bwin's not the whole company, similar to what they did with Sporting bet and William Hill, and 888 taking the rest.
Very good morning to all in GVC ( my pension pot ) :) . Another record year. Going from strength to strenth and no drama. Hoping for a continuous ascend. Gla.
Got my figures from TD Waterhouse site as 9.63p and 3.77p for special divi, but you are right it's only 13.125p. Might be due to exchange rate as divi is paid in euro cents and GBP has appreciated since April.