Betfair results fail to impress
Betfair announced their maiden results yesterday. You can view the full regulatory release here: –
https://www.investegate.co.uk/Article.aspx?id=201012140700098801X
Or a more concise BBC report here: –
https://www.bbc.co.uk/news/business-11989347
The upshot was that the city didn’t like them and sent the shares down 16% to below £10 for the first time. Quite some way from the £15.50 reached on the first day of trading. The results always contain some interesting reading material and now they are public, we will get to see a formal statements at least twice a year. Have a read of the full report to get all the detail.
Category: Betfair