Game group uk share price
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It should only be considered an indication and not a recommendation. You are here:. Sell: 8, FTSE : 0. Market closed Prices as at close on 13 January Prices delayed by at least 15 minutes Switch to live prices. Buy: 8, Change: No change.
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Year high : 12, Market capitalisation. Market cap. Previous close : 8, Game Investors Game Takeover Rumours. View all Game trades in real-time. Added a note explaining that the shares were cancelled at 0p. Left the rest to the taxman, they know the case well.
Read Full Thread. Game share price data is direct from the London Stock Exchange. Advertise Here. Intraday Game Chart. Read Full Thread Follow Reply. If the thieves could do it and get away with it to GMG, they can do it to any other stock. If you want steady investment, brick and mortar is the way to go, if you want trading, it has to be FOREX.
Don't think we'll get anything back from administrators. The way they treated shareholders supposedly the owners of the company is appalling.
I've just bought 2 nearly new cars, the money that usually went into stocks. Much better feeling. All the best for the future. A vast majority, if not all retailers, have cash on hand after the Christmas trading period but such a position is only temporary in the context of the ebb and flow of cash around a business. One of the key factors impacting the cash flow of GMG was the subsequent reduction in overdraft facilities made available by their financiers. That would doubtless have constrained their ability to finance day-to-day operations at a time when cash generated from sales would have been at their lowest.
Nevertheless you cannot help but be left with the impression that GMG has been "stolen" from the shareholders by its financiers. But the management of GMG seem to have been too slow to react. When key members of the old management departed the new management should have involved themselves in a capital raising exercise at that time to finance the early closure of stores to rationalise the business. Had they done so GMG may have been more in control of their own destiny.
It will be interesting to see just how GMG is carved up whilst in administration and see who ultimately are the beneficiaries of that process. New investors have had the opportunity to get out over the last 2 months with minimal losses compared with the losses long term investors were locked into.
There has been enough coverage on GMG's plight to know the risks and trading GMG on this news made it very easy to make a short term profit. I'm sure most of the stock traded over the last 2 months has been along the same lines. Fingers crossed the new plan of action and streamlining will keep Game on the high street even if it is on a smaller scale. My heart felt wishes go out to all Game employees and there's still hope regardless of GMG's stock market position.
Supposing they go into admin, assets would be sold. Depending on how far the "advisers" discount them, there might be more left for shareholders than the current share price.
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