Member Info for thetruthhurts

The 178k is the UT - not a sell

After hours buys l2 3.8 million at 1632 3.8 million at 1648 154.8k at 16.48 24.1k at 1643

http://www.investegate.co.uk/Article.aspx?id=201110101240348915P Twisty It is there - released by Ladbrokes not SBT

How odd Can't find it on Money am either

160k buy v 38k sell

meant 350k LOL

Useful 350 buy in at 37.27

Nice little bounce anyhow No reason why we wont see 40 in a few days

Huge buys coming in 140k at 42p

Why is is so quiet May now bounce for once LOL

http://www.advfn.com/p.php?pid=nmona&article=49478807&symbol=L%5ESBT

Did you trade out this morning?

Make that -17%

Anyway with a -9% SP I would have thought we'd get something today even a holding statement

I have a couple of theories: Bid going ahead Raise up a bit then drop severely making people panic sell at a loss Bid not going ahead Drop first thing allowing those in the know to successfully trade themselves out of their positions Not sure which I believe

WTF was that P n D by traders wanting out or tree shake?

After seeing 2 opposing article in the last 2 days - guess no one really knows

Ladbrokes may pull the plug on its potential takeover of Sportingbet even if the online gambling suitor removes a perceived stumbling block to the deal by selling its Turkish business, according to people with knowledge of the situation. The UK gambling company has until October 17 to decide whether to press ahead with the Sportingbet deal, which first came to light in June. More The decision is seen as an important test for Richard Glynn, appointed as chief executive last year, who needs to show investors how Ladbrokes can close the gap in online gambling revenues built up by William Hill, its main rival. While several analysts viewed the Sportingbet deal as a big strategic opportunity for Mr Glynn, regulatory concerns surrounding Sportingbet’s operations in Turkey, where online gambling is banned, were understood to be a problem for Ladbrokes’ legal advisers. Sportingbet had hoped that a forthcoming sale of the Turkish business to Gaming VC, already planned by Sportingbet and nearing completion, would allay Ladbrokes’ worries and pave the way for the takeover to proceed. However, it now appears that Ladbrokes’ lawyers remain concerned about the legacy risk of Ladbrokes owning Sportingbet, which receives 22 per cent of its net gaming revenues from Turkey. Legacy risk issues prevented Ladbrokes buying up 888 Holdings, another online gambling operator, in April 2007. Another mooted deal with 888 was abandoned in April this year, this time over price. Ladbrokes is said by people close to the situation to have been looking at ways to mitigate legacy risks, including getting Sportingbet to share those risks. There is also thought to be nervousness about the volatility of financial markets. The price of the deal, believed to be at 70p a share or above, is not thought to be a sticking point. However, it is believed that Sportingbet has become frustrated at Ladbrokes raising legacy risk issues at this stage when they were apparent at the beginning of talks. One person close to the situation said there was a structure in place that covered the Turkey issue, but Ladbrokes was seeking to avoid liability in every unregulated country where Sportingbet traded.

ditto really I bought at 94p and sold at a loss about 86p when it just kept falling. Made a few hundred about the 60p when it took off one day and again on Friday. Won't buy back now

By your posts you sold Tuesday/pre-Tuesday - do you feel lucky or just luckier than most?