Betfair's founder building stake19 Mar 2020 13:48
Obviously who knows where the price will end up in a few months.However, I found this.
March 14 Daily Telegraph article
'Billionaire betting tycoon Fred Done has taken advantage of the stock market collapse to swoop on rival William Hill and build a stake on the cheap.
The Betfred founder began buying shares in the FTSE 250 company earlier this month and added to his stake throughout last week – while William Hill’s stock slid almost 30pc.
Mr Done, who plans to acquire more shares this week, is now one of the biggest investors in Britain’s oldest bookmaker with a stake worth more than £25m.
Along with his brother Peter, Mr Done is worth an estimated £1.3bn. He is understood to have had an offer to buy William Hill’s 2,300 UK betting shops rejected last year.'