Member Info for fleccy

Just to add, VMO2 and Talktalk are both privately owned, so the Takeover code probably doesn't apply. It makes you wonder!!!

A while back it was rumoured that Vodafone was looking at bidding for Talktalk, but Vodafone's share price wasn't touched by this news. Something's off with todays price action in BT, with the price dropping before the articles were released, and the size of the drop. I'm not sure I even believe the story, I wonder when we'll find out for sure?

"Neither the Sky News, or Telegraph articles appear in my Google searches, which I find a bit bizarre."

Articles are now showing on Google. The Google timestamp shows 2 hours ago, but there was no sign of the articles when I was searching less than 1 hour ago.

"and fleccy where do we/you think the bottom may be ?"

Not a clue, my crystal ball's away for repair. BT may have already bottomed and go higher from here, or it it could drop further; Your guess is as good as mine.

Where are the Telegraph and Sky News articles about CityFibre losing the Equinox court case?

"well if you all couldnt see the strike on the horizon heres a tin of chum for your guide dog ,i was surprized/pizzed off it went up after i sold a few days ago @ £1.87 , but come on i guessed.... what do we think the bottom will be ?"

Cookoo, you're looking in the wrong nest, me and marky were talking about the Virgin Media TalkTalk news. Todays drop has nothing to do with the strikes.

"By pure luck"

Neither the Sky News, or Telegraph articles appear in my Google searches, which I find a bit bizarre.

"Telegraph first reported at 2:24pm"

Thanks, but how did you find the story?

"Strike announced for 29th July and 1st August"

Over a weekend, to cause maximum disruption. The On call guys will be busy over the weekend.

The Sky News and Telegraph stories were both released around the same time, even though the Telegraph is Time stamped as "3:39pm", which is probably when it was updated. The Sky News article is Time Stamped as 14:31, but BT's share price started falling around 14:10.
Anyone know why the discrepency in the times, was this released on Twitter first, or something like that. For some reason I can't find these stories in Google searches, even now; I tried searching on TalkTALK, and Virgin Media, Marky how did you find the story?

"3 Months of gains wiped out in 5 mins !!!!! when will we get a break !!!"

Judging by the speed the price dropped, one could be forgiven for thinking it was planned, which I suspect anyway. There's a history of VMO2 stories coming out and knocking BT's share price. I'm just going to hold and top up where I see value.

"Has to be one of the most frustrating shares in the 100"

Should have expected it, I suppose. Funny the story comes out the same day the CAT issue their judgement over Equinox. Might be worth keeping an eye out for any large Off Book buys over the next week.

£3 Billion??? Lol Wow, VMO2 have started life with £18 Billion in debt, advising they plan to spend a further £10 Billion on Fibre rollout, where would they find £3 Billion to fund a takeover of TalkTalk. Even if they could afford it, would it get past the Regulators? I'll believe it when I see it.

Thanks Marky.

Anyone else wondering why the Telegraph haven't put this behind the pay wall?

Doesn't make a lot of sense to me, why would VMO2 want TalkTalk? It would cost them a couple of Billion, and they would become a customer of Openreach. Even if it happened, it would take them years to migrate customers onto the cable network, with many possibly deciding to move to a different provider.
Is this another of those lets throw out a story, and hit BT's share price?

Marky, I can't find any articles on this, can you provide a link?

"Liberty Global-owned Virgin Media O2 is understood to have held talks with the cut-price internet provider, as the industry braces for a wave of consolidation."

That must be it.

"Please explain why would Algo drive price down"

I'm checking the trades going through on the London Stock Exchange, and there's repeated Algo trades going through with the occasional Off Book Trades. I haven't seen any big one off trades. If something else has driven the price down, I haven't seen it yet.

It's looking like an Algo, or Algo's, driving the price down.

Anyone know why the price is falling off a cliff?