no vf.
they buy back shares and then lose money on them as they continue to fall. the stocks are down about 17% on the week the 2% is what they're down after the buy back. remember his stocks are down by about 7 billion. so making 100 mill would be small if thats what he'd make but he isn't as soon as he spends 5 bill the price falls he's losing money.
what your saying is; if he sells his house in 2000 for 1 million. and buys it back five years later when it's worth 900,000 he's made 100,000
he hasn't for that to happen the house price has to rise back up to a mill. as it stands what he's bought is only worth 900,000. it doesn't look like his shares will be going up any time soon and as such he'll be losing the interest on 5bill daily which won't be chump change. his shares would have gone through the roof had the B sky B deal gone through which was one of the reason he wants it. it was the main reason he cut the NotW loose. so it wouldn't jeopardise the deal. he miscalculated because that deal is screwed non the less.
he bought his own shares in order to bolster their price so he wouldn't lose more money. that also failed as he lost 2% of his 5 bill and the rest of his stock on the first day. to say whats happening to the Murdoch empire is temporary bad news is an understatement of the highest order. he dropped the ball on this one nd it's going to cost him big time. he may get back to the price his shares were in a while but till then he's losing money hand over fist. btw it's always best tp buy shares once the price has bottomed out. falling 2% after they been bought isn't doing that. he lost 2% of 5 bill. and more. if you can't see that' there's nothing i can say to make you understand.
even the analysts on the tv are saying his buy back didn't go as planned.
they buy back shares and then lose money on them as they continue to fall. the stocks are down about 17% on the week the 2% is what they're down after the buy back. remember his stocks are down by about 7 billion. so making 100 mill would be small if thats what he'd make but he isn't as soon as he spends 5 bill the price falls he's losing money.
what your saying is; if he sells his house in 2000 for 1 million. and buys it back five years later when it's worth 900,000 he's made 100,000
he hasn't for that to happen the house price has to rise back up to a mill. as it stands what he's bought is only worth 900,000. it doesn't look like his shares will be going up any time soon and as such he'll be losing the interest on 5bill daily which won't be chump change. his shares would have gone through the roof had the B sky B deal gone through which was one of the reason he wants it. it was the main reason he cut the NotW loose. so it wouldn't jeopardise the deal. he miscalculated because that deal is screwed non the less.
he bought his own shares in order to bolster their price so he wouldn't lose more money. that also failed as he lost 2% of his 5 bill and the rest of his stock on the first day. to say whats happening to the Murdoch empire is temporary bad news is an understatement of the highest order. he dropped the ball on this one nd it's going to cost him big time. he may get back to the price his shares were in a while but till then he's losing money hand over fist. btw it's always best tp buy shares once the price has bottomed out. falling 2% after they been bought isn't doing that. he lost 2% of 5 bill. and more. if you can't see that' there's nothing i can say to make you understand.
even the analysts on the tv are saying his buy back didn't go as planned.