NO ONE IS TALKING ABOUT THIS LITTLE RASCAL-WHATS HAPPENING-ANY NEWS ABOUT MERGER-THERE IS RUMOURS THAT IT COULD VALUED AS MUCH AS 10P A SHARE-IS IT TRUE??IF ANY ONE KNOWS ANYTHING PLEASE REPLY-I COULDN'T BELEIVE THAT PEOPLE STOPPED WRITING ABOUT THIS SINCE THE MERGER ANNOUNCEMENT WAS MADE-BUT PLENTY OF SUGGESTIONS AND POSITIVE NOTES BEFORE THE ANNOUNCEMENT-IS IT GOING BUST???????

After IAL's failed attempt to merge with rival BBB, I was sure there would be another attempt.

In my opinion, IAL believes that size matters in gaining more advisers to achieve critical mass and a value either on the stock market or as an acquisition, which will most likely be by a product provider. You may ask why would IAL be a target for a product provider when their major shareholders include the likes of "Gartmore" and "HBOS". I believe this is more of a defensive strategy to avoid IFAs, like IAL, falling under the control or influence of main competitors.

All major shareholders increased their holding a few months ago after BBB's merger news. I would expect the same to happen this time around, because IAL will become a takeover target if this merger goes ahead as it will be better positioned than its 6 other quoted rivals.

Basically, if this merger goes ahead IAL's shareholders will be the happiest in the stockmarket.

Anyone want to enlighten us why after 1.5 mil buys and no recorded sells it drops 13.6%. Does that mean the the MMs have large ampount in hand and/or a massive sell will be recorded at and of play to-day

from my inquiries it is clear that it is almost hit and miss as to whether a transaction is recorded correctly as a buy or sell. there is a whole host of reasons. so my conclusion is to take at least two pinches of salt before concluding that the buy/sell figures are any thing like accurate!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Yes . . . I bought a few days back @ 1.1p and wasn't too worried when they almost immediately fell back to .65p - but I have to admit that I am mightily puzzled at todays drop when I see all the sells.

Does anyone, more informed than I, have any thoughts on this?

why is nobody picking this one up on here

Posts between Jun and earlier in Aug seem to be missing !

What is there to say ? ...Everyone's who's not sold is sitting on a big loss with this one. I guess everyone is waiting for the dust to settle and to be able to at least get back to where they got in or even make a profit !However long it takes..

Yep! You are dead right there, skyhigh. I am lucky in that I only went in very small with IAL - but now that I have had to accept the share offer, I am just sitting, waiting to see what my new, bright, shiny, Millfield shares will be worth - then sell the buggars bloody quick!