Last December, Man Utd shares reached $19.
3 months later they had plummeted to $13.25.
By September, they'd recovered to $17.
Today Man Utd has reported Revenues of more than £500M and operating profit of nearly £70M. Divvie is about 1%. But where to next....is it a case of no way Jose or stay on the Zlat machine?
So, a fun competition for you:
- submit your prediction as to where the share price will be at market close on Nov 1st;
- do this now by emailing firstname.lastname@example.org or register for an IIFT seminar;
- once registered you may change your prediction up to Sept 30th and the winner will get a free IIFT Trading Bootcamp worth €295.
To start the ball rolling (pun intended), here's my prediction: $18.81