Very sad looking 12 month Entain share price chart....

[NZRacing]

$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'.

[Murray Fish]

@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?

[Huey]

Racing will survive this .... and prosperity again , racing for $3k maidens on Industry days. 

[curious]

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?

[mikeynz]

1 hour ago, Huey said:

Racing will survive this .... and prosperity again , racing for $3k maidens on Industry days. 

Or maybe feature days 

[Chief Stipe]

40 minutes ago, curious said:

New CEO. Buy now?

Yep low point in the share price cycle.  

[Murray Fish]

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!