- Sep 9, 2004
- 2,466
- 180
This morning, as part of my business, had a meeting with a fund manager with Artemis, who works with the UK Smaller Companies fund.
The meeting was about investment in general, but one of the men I was talking to, commented on the fact that I was wearing a Spurs tie. Obviously the conversation got onto Jol and Ramos and this fund manager bloke, told me he had been at Tottenham four weeks previously, to discuss the possibility of buying shares in the club for Artemis. I'm not talking small bucks here, the volume discussed was around 100,000 shares.
So to cut a long meeting short, Artemis have not bought any shares at the moment as they feel they were vastly overvalued at £1.50 (today £1.60), but may wait until they fall back later in the year. So far as takeover talk was concerned, it's not going to happen before the end of the season.
This might all be obvious to some ITK's on the site, but it was interesting for me to talk to someone involved in meeting with the club's directors within the last few weeks.
The meeting was about investment in general, but one of the men I was talking to, commented on the fact that I was wearing a Spurs tie. Obviously the conversation got onto Jol and Ramos and this fund manager bloke, told me he had been at Tottenham four weeks previously, to discuss the possibility of buying shares in the club for Artemis. I'm not talking small bucks here, the volume discussed was around 100,000 shares.
So to cut a long meeting short, Artemis have not bought any shares at the moment as they feel they were vastly overvalued at £1.50 (today £1.60), but may wait until they fall back later in the year. So far as takeover talk was concerned, it's not going to happen before the end of the season.
This might all be obvious to some ITK's on the site, but it was interesting for me to talk to someone involved in meeting with the club's directors within the last few weeks.