In other words, BLand held some of these shares over 24 years, and sold them at a loss?
Although BLand must have received a lot of dividend from its BToto shares over the years, still, it sounds quite disappointing.
I thought the rule is "Buy low, Sell high", but BLand seems to disagree with that.
Also, why did BLand sell the shares now, at current depressed prices, when BToto was trading at a much higher price for many years?
moneySIFU
Because all number forecasting businesses are dying and sunset businesses. Pool of customers are getting smaller, not bigger or growing, and yet have to compete with illegal operators. Illegal operators offer all kinds of conveniences such as home delivery, sms order, additional prize monies, good after sale services, etc.
2016-06-11 14:38