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Ed's avatar

so the best is to tender or to keep?

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Peter Wilshire's avatar

Am I right in thinking it's a no-brainer to buy 21.42% EXTRA shares now (at around 15p), then elect to sell 21.42% of my ORIGINAL holding (the Basic Entitlement) for c. 21.11p in July?

In effect, I'd then be making just over 6p on every share sold.

Presumably the only risk with this would be if the tender offer didn't get approved on 10th July?

Or are there any other risks I'm missing?

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