NZRacing Posted July 31 Share Posted July 31 $13.86 - $5.71 in 12 months has obviously burnt a lot of shareholders. A billion dollar fine plus paying too much for the purchasing of Companies along with poor management is getting blamed for the current situation. Bottom line is a poorly managed Company. They are going to have to start selling some of their assets to get back on track. Last three year's their highest share price was $22.10. 10,000 shares at $22.10 = $221,000 now worth $57,100 a loss of $163,900. No wonder the shareholders are screaming for blood. They are close to getting dropping out of the 'Footsie'. Quote Link to comment Share on other sites More sharing options...
Murray Fish Posted August 1 Share Posted August 1 @NZRacing any idea about how much info was put into the public domain around the actual contract in place with Entain? Options for getting a divorce? I would love to know what the previous Minister and the current one be thinking about the share price? talking the Minister: Winnie seems a tad quite lately? out for a winter spell? Quote Link to comment Share on other sites More sharing options...
Huey Posted August 1 Share Posted August 1 Racing will survive this .... and prosperity again , racing for $3k maidens on Industry days. 1 1 Quote Link to comment Share on other sites More sharing options...
curious Posted August 1 Share Posted August 1 8 hours ago, NZRacing said: $13.86 - $5.71 in 12 months has obviously burnt a lot of shareholders. A billion dollar fine plus paying too much for the purchasing of Companies along with poor management is getting blamed for the current situation. Bottom line is a poorly managed Company. They are going to have to start selling some of their assets to get back on track. Last three year's their highest share price was $22.10. 10,000 shares at $22.10 = $221,000 now worth $57,100 a loss of $163,900. No wonder the shareholders are screaming for blood. They are close to getting dropping out of the 'Footsie'. New CEO. Buy now? Quote Link to comment Share on other sites More sharing options...
mikeynz Posted August 1 Share Posted August 1 1 hour ago, Huey said: Racing will survive this .... and prosperity again , racing for $3k maidens on Industry days. Or maybe feature days Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted August 1 Share Posted August 1 40 minutes ago, curious said: New CEO. Buy now? Yep low point in the share price cycle. Quote Link to comment Share on other sites More sharing options...
Murray Fish Posted August 1 Share Posted August 1 3 hours ago, curious said: New CEO. Buy now? might be... but then, it that could be a case of the old 'dead cat bounce' I think I will keep me $tach in the biscuit tin! ps, I am keen to beat them, on the Track! A safe Track! A not over watered Track! On G1 Days! I live in hope! 1 Quote Link to comment Share on other sites More sharing options...
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