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Hello ten quid for my GVC shares! So what do I do now?

By Chris Bailey of Financial Orbit | Sunday 27 September 2020


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The good news for my portfolio on Friday afternoon was the news that not one but two bids for gambling name William Hill (WMH) from private equity group Apollo and casino giant Caesars Entertainment.  Sadly I do not own any shares in Hills but – as discussed many times on these pages including in my most recent video chat with Tom here  - I do have some positions in sector peers, most notably GVC (GVC).  As is the way it goes with such newsflow events, sector peers get a bump too.  
 
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