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Flybe knocks talk of counter offer on head with asset disposal – shares collapse

Tom Winnifrith Tuesday 15 January 2019

 

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Some fools were buying shares in Flybe (FLYB) at up to 4p yesterday on the hope of a counter offer to the 1p a share Virgin/Stobart (STOB) bid. Fools. They should have followed the sage advice of ShareProphets. Today Flybe has knocked all that on the head and the shares have crashed to 2.57p. They are still 150% or more overvalued.

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About Tom Winnifrith
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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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