i do see the potential of earnings if the company gets back on track.however if it went bust or if it was sold to another company they may make or lose money which is a gamble. can somebody explain? the only reason i can see is that this banks continue to see a potential in northern rock that others dont.
2007-09-25 08:31:15 · 6 answers · asked by Aaron C 2 in Business & Finance ➔ Investing
Well for one thing they know the true situation, and that its not as bad as the general public thing and on the brink of collapsing, they are in the same situation themselves.
It may also be a pre emptive strike for a takeover, if they buy enough shares they could have enough clout to make the deal swing in their favour, and could be a way to save them money on the take over price.
2007-09-25 12:07:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Just heard NR is suspending payment of the interim Dividend (14p) whilst 'in talks' with (I assume) potential buyers
Since I would guess that the Dividend is only what's been holding the shares up, I expect them to collapse tomorrow ..
2007-09-25 18:12:28 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋
Money, they will make a killing in the future when the shares go back up.
2007-09-25 15:40:13 · answer #3 · answered by ? 7 · 0⤊ 0⤋
because they know that northern rock wont go bust,so their shares have gone down,good time to buy,as they are rock bottom prices,and they`ll go up,making a killing!!!!
2007-09-25 15:38:05 · answer #4 · answered by ? 3 · 2⤊ 0⤋
to make money .the shares were sold then repurchased at a lower price.it`s legal fraud but not an illegal act.
2007-09-25 15:49:12 · answer #5 · answered by HaSiCiT Bust A Tie A1 TieBusters 7 · 0⤊ 0⤋
Good question. Very confusing!!!
2007-09-26 08:45:37 · answer #6 · answered by ya_meet_messa 3 · 0⤊ 0⤋