Spoke to Nigel Wray at Master Investor on Saturday hes still has his shareholding and was positive about the future suggested that in the Pipex takeovew the value of broadband subscibers was 300 each making BRV worth around 21m as they are heading toward 70k subscibers making the price 50p should a take out come along from BT glad I topped up my holding last week ................... this also assumes no cash from DM and they expect 1m future pmt and the business with John Lewis has got to be worth 1m ?? so could be 25m in my opinion or 60p

queen1- more than interest. Brightview proposes, subject to shareholder agreement, to sell its business to BT and effectively become a cash shell in the interim whilst looking for further opportunities. You never know, the Board may well have something in mind already.

Yes, indeed. Sorry, it was a Saturday morning and I didn't have all the facts to hand. Interesting times. Does this mean holders will be left with shares in the cash shell then?

Yes, pending reinvestment of the proceeds or part of the proceeds, since some of the funds may be paid to shareholders. I only took an interest in BRV because I follow and hold shares in BT, on the thread of which, I comment. It looks a nice business for BT to consolidate and develop.

I hold both :-)