Leo Hairy-Camel "Yep, the very same. 8.5 million shares at €3.05. Yesterday’s market close was at €2.87, which makes for a
loss of €1.53 million on the first day.
WELL DONE, LADS! Glad I don’t listen to the Dwarf for
my investment advice. Gee whiz, I hope all this jiggery-pokery doesn’t drive the shares south of €2.80 again and into the sweet spot. RYR might yet not need to improve upon their offer after all. Thanks heaps, Evan. You are to investment advice what Bob Ayling was to the higher aspirations of corporate lawyers everywhere. HEMLOCK."
Let's look at this logically Mr. Hairy-Camel. The loss of 1.53million Euro pales into insignificance when compared to the loss of 193million Euro (note absence of decimal point
) in market cap by Ryanair over the last 10 days. Strangely enough this has happened since the Ryanair takeover bid for Aer Lingus was launched.
Check it out out : 16th October
http://www.ise.ie/app/equityDetails.asp?equity=12724
6th October
http://www.ise.ie/app/equityDetails....tart_year=2006
Funny old thing that a lot of the press has concentrated on this relatively small loss by a Pension fund and not the massive lack of confidence displayed by the now ex-shareholders of Ryanair. I'd say your sweating under your 'stylish' checked collar. Your investors are baling out in numbers!
Enjoy the retirement.