Interactive Investor

Betting short-term on Victoria

Richard Beddard
Publish date: Tue, 05 Feb 2013, 09:39 AM

At a venerable carpet maker, shareholders may be about to place a bet with the company's executive chairman that he will succeed in stripping some or all of its assets and growing the remainder to return them ''3 a share within two years. Since the current share price is ''2, success means all shareholders will win. But success is not assured.

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