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Hi All, was invested couple of years ago. Just seen it’s a target for a takeover. Is this an arbitrage play?
Anyone able to give me a summary of the situation?
People have been saying £1 soon for 3+ years. Potentialy by the time we reach whatever high number youre looking for we will be diluted into oblivion. I had my fun during the pandemic 6p > 30p. IMO the board are not really interested.
Its been in a constant down trend for 5 years. -60%. Come back in 18months youll probably be down
Because they want to feel like Aston martin owners on a lesser scale. If you cant afford the car that depreciates why not own the stock?
Does Cineworld own their sites or are they mostly leased?
Just had to check this out myself and yes they went from 6B in 2007 to 7B in 2009 in revenue. thats amazing growth during a recession. During that time it dropped over 50% and didnt breakeven until 2011. opportunity to be had longterm here
Anyone else disapointed that we will lose another gem company to a buyout? Personally hope the gov step in and block the deal.