RE: Goldman Sachs reduces holding25 Sep 2020 19:00
Led - agree, but I'm not convinced that GS aren't in league with someone who might want to take us over, so I'm not convinced there would be any surprise announcements.
This is not a short term "manipulation" this has been several years in the making - look at our 5year chart. We're a profitable business - how has our share price tanked from over £2.75 at the end of 2015? Wasn't that just a few months after Liberty bought 9.9%? Aren't GS a closely associated hedge fund with Liberty?
Somebody is potentially making a shed load of cash in the background from these shares and has been for several years. At some point, that company will have made such a huge return on it's initial %age investment and get ITV, in essence, for free.
But that's just with my conspiracy theory hat on.