Invox To Be Taken Private

Author: paulypilot Number: 76995 of 91072
Subject: Re: INVOX BID ?? Date: 14/11/05 17:28
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Hi,

I think it's fair to say that whatever the Regulator comes up with, Invox will find a way round it. That's how this type of business operates all the time - dancing on the edge of what is permissable.

Teh bottom line is that they have a huge database of 3.5m people who are repeat responders to their offers. So the customer will keep responding providing the prizes are attractive. Exactly how that is formulated is relatively unimportant in my view.


Incidentally, I contacted Simon Cawkwell to tell him what a rotter he is shorting Invox (he knows I'm heavily long), and it turns out that he bought in his short after the Gunn announcement today.

So he made a reasonable trading turn on it intra-day.
In terms of the market, his actions will have actually helped stabilise the share price, since he softened the spike up this morning (by selling into it)& then helped bring the price back up again after it fell this afternoon on the second RNS (by buying stock to close his short).

So a nifty bit of work on his part.

Regards, Paul.