Silver6
- 09 Dec 2003 23:11
This share was tipped in shares.
Will it increase in value
fbrj
- 02 Apr 2004 17:26
- 74 of 75
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
Oakapples142
- 03 Apr 2004 09:42
- 75 of 75
fbrj - thank you - just what I wanted and hoped to hear - I am happy to wait.