Wednesday - after the soggy came... more soggy?

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wakemalcolm

Legendary Member
Well the good news, according to some site called BikeRadar, is that it's been bought over by a venture capitalist. Despite the existing model failing, he's going to keep all the stores and all the staff. Must be price increases or quality comprimises incoming.
 
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VinSumRox

Über Member
Good luck PN69, on the train back doon south after meeting a pal for beer, food and whisky at the Malt Whisky Society, only slightly sozzled, hopefully OH will pick me up at the station.
 

Webbo2

Über Member
Well the good news, according to some site called BikeRadar, is that it's been bought over by a venture capitalist. Despite the existing model failing, he's going to keep all the stores and all the staff. Must be price increases or quality comprises incoming.

Bought it for a quid apparently I’m not sure where that leaves the current share holders.
 

wakemalcolm

Legendary Member
Bought it for a quid apparently I’m not sure where that leaves the current share holders.

The optimistic small shareholder comment I've seen suggests that they've had some sort of return on investment via discounts, but in the main, they'll have lost their cash.
 
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