Friday October 30, 2020

A flotation of two halves

There are plenty of reasons to dive into the Singapore stock market flotation of English Premier League champions Manchester United – but just as many reasons to sell it a dummy

20th August, 2011

Fancy buying shares in a stock market flotation for a company that lost stg£79.8 million last year and has debts of over £500million (the highest in its sector), and where the proceeds of the float will probably be used to enrich the existing family shareholders? Thought not.

Alternatively, fancy buying shares in the most famous football club in the world, with over 300 million fans worldwide and with plans to increase its revenue...

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