Spurs Shares Update

[orkneyspur]

Club been buying back shares again.

http://www.advfn.com/p.php?pid=nmona&cb=1214478174&article=27053168&symbol=L^TTNM

 

[spurs4europe]

clearly they think then that the shares are undervalued.

i'm sure that if the club truly believes that we'll make 4th this season or make a big push for it and we do, then they'll rocket in price in which case it will be a good investment.

didn't bother reading the article but i'm sure there's nothing too sinister about it.

 

[wooderz]

142p a share. Think there's a minimum purchase though

 

[Krafty]

Hopefully it shows that ENIC are in it for the medium-long term, which is only a good thing in my opinion.

 

[N17Jack]

Unless of course they are planning to sell and the price is set at a premium above the current share price. Then it would make absolute sense to buy at a lower price today and sell at a higher price later.........

 

[barkerboy]

Unless of course they are planning to sell and the price is set at a premium above the current share price. Then it would make absolute sense to buy at a lower price today and sell at a higher price later.........

would that be legal?

 

[N17Jack]

I think you can buy your own shares whenever you want?

 

[DC_Boy]

Unless of course they are planning to sell and the price is set at a premium above the current share price. Then it would make absolute sense to buy at a lower price today and sell at a higher price later.........

presumably you can set a price - whether anyone wants to pay it ...

the press keep getting Spurs value hopelessly wrong

I reckon it's about £400m we're looking at - and I've no idea what translates into share price - but Levy will know

 

[Spursking]

I wish I had not sold my shares, but according to the offer I got from Tottenham Hotspur I thought I had to sell them! I got that impression, as Enic wanted to go private, and I did sell them in the best interest of the Club, but I have actually been tricked by my own club in this case.

I did not want to sell them as I wanted to be a part of the Club. I thought I had to sell! If I had not sold them while I received the offer, I think I had to sell them when they got 90 percent of the shares.

What is the case here / they did not get 90 percent of the shares?