RE:RE:CVC partners has left the building. Well there are many potential scenarios
1. merger does not go through. Star may fall up to 50%
2. Merger go through and Flutter stay at the same price. Star will appreciate 5-7% to close the gap.
3. Hard Brexit May hurt British Pound and in turn Star share price.
4. Hard Brexit May hurt whole of UK economy and gambling is first to hurt.
5. Foxbet is not doing as expected
6. CVC knows more than what we know or they have better investment opportunities
sjc444 wrote: Seems like a funny time to bail. They must think Flutter is going to go down or the merger won't
happen.