This share was tipped in shares.
Will it increase in value

is it worth holding on or selling at 2.48 now

Keep hold there seems to be some clause that they need 90% agreement from share holders and a rumour flying around that another party might be interested in at a price of 0.2913 but its your call. I got in at 2.5 so I personally would like more to show a small profit, one good thing on a personal note is I hold Pipex also.......

thanks for your comments....i bought at an average of 2.2 but think i will hold on a bit longer and see if anyone else comes out of the woodwork...why pay dealing charges anyway when you dont need to..any ideas how long an offer takes to go through anyway...

adieH- Where did you get your info from?

ample bulletin board, big buys just gone through too...... something is happening not sure why such large buys going through at this stage, is it someone else staking a claim (not ramping just commenting)..

Help please. Have not experienced this situation before. Do we hold on and receive 2.549p per share ? (eventually !)

Oak - yes, providing all conditions (including EGM of Pipex to approve the deal) to the Offer and Placing are either met or waived u will eventually receive 2.549p /share (maybe May/June?)- with no associated costs. Alternatively u can sell in the market now for a discount to that price (and dealing costs)- the discount reflects the time value of money...certainty (in case deal fails to proceed) and of course the MMs "turn"! The choice is yours....

There are substantial irrovocable commitments (i think 30% plus) to accept this offer and therefore chance of higher competing offer..are probably slim!

Hope this helps...

Rgds

fbrj - thank you - just what I wanted and hoped to hear - I am happy to wait.