Quote:
Originally Posted by Chrysalis
Shareholders wont give a rats ass if ntl go down (the major ones who are rich) like all failing companies they will pull out just before it crashes leaving it without a spine. Out of interest say someone who owns 10% of ntl how much would they have pocketed from that division NTL sold recently?
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Quote:
Originally Posted by dezzo
No but they will cut everything they can from the company and leave it limping along barely able to function before selling it off to the highest bidder.
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The major shareholders who are rich have more sense than to let a company devalue itself before getting rid of their shares. They didn't get rich by throwing money down the drain. If a company is seen to be going down the pan who is going to take the risk of buying shares at an high price? The big shareholders have to protect their investment. The funds raised by the sale of broadcast is only a drop in the ocean at the side of investors current share value. Any savings made by the actions just reported are miniscule at the side of the companies worth. Have a look at the big shareholders and the value of what they own of NTLI.
http://uk.finance.yahoo.com/q/mh?s=NTLI