This is an investment simulation in which you compete with the computer's company, Spectral Investments, to acquire £1 million. Starting with £100,000 you must study market intelligence reports and buy and sell shares on the stock market. If you find a company which is rich in capital assets but running at a loss, you can make a bid for the company with a mind to distributing its assets amongst the shareholders.
To make a takeover bid you must attempt to buy 51 per cent of the shares, at which point the opposition will start bidding against you. Occasionallv, Spectral will initiate its own takeover bids. The longer the bidding continues, the greater.the possibilité that a 'third party' will intervene.
Ordinary shares may be bought and sold in anv quantity and a regular review of share prices is given, together with a market 'wire service'. If you want to look more closely at the performance of a particular company, you hâve the option of calling up a company by its annual report which will give you information on assets, share prices, profits and other useful data. During each round, ail the companies manufacture and trade their produce, and it is this activity which détermines profitability. Frequently a company will invest in new capital equipment and this expenditure will cause a small drop in the share price. Don't be too hastv to sell your shares when a rise in productivité might be just around the corner!