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Flybe shares collapse – takeover at just 1p per share by Virgin & Stobart: you were warned

Tom Winnifrith Saturday 12 January 2019

 

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Oh dear, Oh dear. Is that the smell of burned Bulletin Board Moron fingers I detect? Flybe (FLYB) shares were 16p last night. This morning it has announced an agreed takeover from Virgin and Stobart (STOB) at just 1p per share. And that is generous. Lucian Miers and I did warn you.

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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