Quote:
Originally Posted by tarka
It gets reported differently, for example look at the google or yahoo charts and the price they quote in text is the last trade and shows as the closing price as you say, but look at the chart and that shows a different price.
Although I think I have confused the original query. As you say it is possible that the trade was reported late. Reuters update their end of day data twice a day, the second update is a few hours delayed and provides adjusted figures for exactly this sort of thing.
T
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Quick calculation shows how much this negative publicity has cost them. Reuters are showing their 52 week high as £37.25 and they closed today at £12.50.
Their highest share capital in the last 52 weeks has therefore been £454M and today as a result of that last trade it stands at bang on £150M (based on the £12.50 sale at the end of the day) or £167.3M if you don't take that £12.50 sale into account.
I expect Kent is more than a little upset that the negative publicity has knocked around £300M off his share capital.
Alexander Hanff