RC Business

The TY classes have just completed the annual stock exchange fantasy league competition. Using the “Bull Bearings” web site much fun and serious competition was had by all. Students were given one week to familarise themselves with the skill of buying/selling on both the Dublin and London stock exchanges, before the serious competition commenced.

Each player was given a notional €100,000 to invest. Ian McAleer was the victor in TY C with an excellent profit of €42,032 made over the 5 weeks.

Chris Campbell was victorious in TY B with an outstanding return of €69,915- a fantastic profit.

TY A saw a titanic struggle take place, in particular between Pat Varley and Diarmuid Joyce. The lead swopped hands on a number of occasions. At 2.45pm today both had to fully sell their share portfolio in order to establish the winner. Diarmuid made an exceptional profit of €97,264 but still found himself narrowly eclipsed by the determined Varley who managed €97,844.

Alot of stockbroker and pension fund operators would be envious of those returns!

Well done to all.

Business