The combination values the entire issued share capital of Desire at approximately £61 million and each Desire share at 17.76 p . For each desire share = 0.6233 FOGL consideration Shares SIMPLES ,,,, Suspension of dealings in desire shares by 8 am on 5th December 2013 GLA
Just realised all previous 8.9% post a crock as due to huge amount of new FOGL shares given to DES holders, Fogl sp is bound to drop isn't it? DOH ! Had too much Stella to be doing complex thinking! Still, it does strengthen my point that that DES at 25p... ain't ever gonna happen! Off to have a drink of water to clear my head....oh hang on!... water, that's where it all went wrong for DES...that's it another Stella then and some telly! To sum up as Vinny said in that [blank] film, 'Its been emotional!' lol Night all and good luck all. FF66
If ratio below correct, desire holders get fogl shares and gain approx 8.9% in value at current prices! So, why would DES sp jump 49% to 25p come Monday? Think it could only happen if FOGL was to rocket and it's been pretty flat for long enough! Come close on Weds 4th Dec it's all over...so FOGL only have 2 weeks to shoot up and drag DES up any higher towards that 25p!!. Buying Des is a cheaper way to get Fogl shares, but at current sp paying anything over 18p is pointless! OOOH...Just thought, is there a cut off date to be eligible for the DES share swap for FOGL shares or is it right up to the wire? Anyone?
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