Traders who piled in at 10c must be kicking themselves. Looks like a 25% loss unless they want to turn into investors as this probably drop back to low 7's imo.
The new arrangements for Europe ringfence some of the debt sure but at a high cost i.e. effectively a forced sale at or near the bottom of the market. Also depending on valuations of the rest of the portfolio and if they are focrd to give away another big chuck of the company to McCabe they will be devalued further or could still be in serious trouble.
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vodafone group plc.
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