Sunday, May 20, 2007

City Share Price Movements (Week Ending 18.5.07)

This is the weekly article charting Manchester City Plc's share price movements during the last week. The price doesn't usually move very much and not many shares are usually traded, so you can pick up here at the end of each week our summary of the week gone by.

The week just gone, saw Stuart Pearce and other backroom staff fired plus plenty of speculation with reference to a potential bid being made. Thaksin Shinawatra's Thailand based lawyer claimed that a formal bid had been made for Manchester City Plc however, some hours later it would appear that Manchester City Plc denied this claiming that they were still in talks with several parties. When Plus Markets opens for tomorrow we will know if a bid has been lodged or not and Manchester City Plc may be forced to make an announcement themselves following Thaksin's lawyer's claims. This week could be a busy one, on many fronts.

Last week:-
Finishing price (mid): 45p
Bid price: 40p
Offer price: 50p

Share price movement for the week:-

14/5 0
15/5 1,000
16/5 384
17/5 0
18/5 2,909

Total volume for the week: 4,293

All information taken from Plus Markets Group


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