SHARECAST – Oct 25 – Mark Doughty, the Finance Director of Cupid, pocketed a significant sum of money on Tuesday after trading in 610,228 shares. The shares were sold at 202.08p, earning him a total of £1.2m. Mark Doughty now holds 24,650 ordinary shares, equal to 0.03% of the issued share capital of the company and holds a further 777,667 share options in the company.
Interesting. Now we know the “Cupid Gets Attention From IAC” was pure bluff. I remember Sir Stelios said in an interview “strange attitude for a listed company. I will never invest 1$ in this company”.
Interesting. Now we know the “Cupid Gets Attention From IAC” was pure bluff. I remember Sir Stelios said in an interview “strange attitude for a listed company. I will never invest 1$ in this company”.
Interesting indeed, when the finance director dumps half of his shares like this, it sends a clear message. I talk to investors about public dating sites often, people moving millions of dollars frequently, and they *always* pay close attention to executive sell-offs. The IAC rouse was kind of off, to say the least, not a smart move IMHO. Investors paid attention to that as well. Compared to Spark, Cupid is playing the game aggressively, which is fascinating to watch.
Interesting indeed, when the finance director dumps half of his shares like this, it sends a clear message. I talk to investors about public dating sites often, people moving millions of dollars frequently, and they *always* pay close attention to executive sell-offs. The IAC rouse was kind of off, to say the least, not a smart move IMHO. Investors paid attention to that as well. Compared to Spark, Cupid is playing the game aggressively, which is fascinating to watch.
If you look at the Half Year Report:
http://www.cupidplc.com/investors/regulatory-announcements
you will see point “10. Contingencies”
I just wonder why Cupid Plc did not mention the fact that our company Cupidon Sàrl in France sued them.
The decision will fall on november 22th.
This is a lack of transparancy.
If you look at the Half Year Report:
http://www.cupidplc.com/investors/regulatory-announcements
you will see point “10. Contingencies”
I just wonder why Cupid Plc did not mention the fact that our company Cupidon Sàrl in France sued them.
The decision will fall on november 22th.
This is a lack of transparancy.