UK 20:57 Thursday, 24 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Having joined AIM at 115p per share in July 2013 and reached 770p less than three weeks ago before an announcement of regulatory issues with the Financial Conduct Authority saw the shares driven to a recent closing low of 271.75p before recovering to close at 370p on Friday, Plus500 Ltd (PLUS) has now announced a recommended 400p per share takeover by fellow London-listed Playtech plc…
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Comments
alcira16247
Steve
Great analysis!
I reckon you’ve got this one, dead right, Steve!
The very fact that Plus500 board are recommending this offer, speaks volumes! From nearly £8 quid to an offer of halve that….. and its recommended!!!!!! Skeletons in cupboards come to mind!
I’ve sold my holding in Playtech today. This deal has the smell of Quindell/Slater Gordon about it! I reckon if this offer goes through the board and shareholders of Plus500 have just gotten given a ‘get out of jail’ card, a la mode Quindell!
filthylucre
Or alternatively Alcira, that the shares like QPP had been cynically driven down for short-term
TW Note - even AFTER the PWC report into accountong practises it said were bogus, Filthy believes QPP was kosher. amazingprofits by hedge funds with assistance from certain commentators! And that QPP and Plus have been snapped up as undervalued bargains by predators?
I don’t know anything about Plus500, but that in my view is what happened at Quindell.
Alex
It looks like it wasn’t only Odey who saw value in Plus500. Teddy Sagi is an entrepreneur who is not known for poor judgement, and unlikely to have made this offer if the issues surrounding this company were insurmountable.
filthylucre
Likewise, Slater Gordon recognised a bargain when they saw one re: Quindell PSD.