News & Comment
Turftrax, a company whose tracking technology provides ‘real-time positional’ information during races for the benefit of punters, bookies and broadcasters, has made an uncertain start on AIM, initially falling more than 22 per cent to 31.25p.
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A new twist in the protracted bidding for the media rights to UK racing
emerged today with an announcement by Arena Leisure that it was teaming up
with BskyB and Channel 4 to table a new offer, writes Roxanna Mohseni.
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Recommendations
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Sector Articles
May proved to be a bit of a mixed month for the SmallCap index. Rumours of takeovers and management buy-outs prompted much buying, as investors backed some lowly rated stocks in the hope of healthy bid premiums. However, the gains that these delivered were countered by a wave of poor trading statements, leaving the index ahead by only 39 points at 3089.43.
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