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It's 1 new share for every 6.45 Dixons approx. not for every 6. The .45 will make a bigger difference the more shares you have obviously.
1 new share for 6 old dxns's
Just read my last post; I think I knew what I meant .. Anyhow CPW eg. today is Currently £326.00; divided by 6 (6 shares for 1 DXNS) = 54.33 ????? seems wrong @ 49.4 ??????????????
Its who and how its decided on day of issue what the new Share price is ... I guess circ what the CPW price finishes up as on a certain date ..
Please forgive my lack of knowledge I'm very new to this. If the 6 to 1 ratio for shares in the new company has been decided does it matter now if the dsg share price goes up, I'll still end up with the same quantity of new shares?
well guys we ended well today hopefully tomorrow or by Friday we break the 50p marker
That is the question....to sell or not to sell...lol
well the chart is looking pretty solid - again. since June 2013 i've looked at it 10+ times having tried to stab through 53, i'll probably sell this the tranche too when it gets close.
Was gonna get out around this margin .. whats the crack do you think ? .. We got await for Monopoly approval, the its gotta be agreed by the vote (merger) and there is years final results on 26 June which are good .. after all this a date will then have to be set to be actioned ... obviously before Autumn ?? Is this gonna slowly rise to .53p and then stick, or is it at all possible to go any higher ???????????????
49p+
Nice to see the slow gradual upward trend is still in place today. Got to go into another meeting now so busy day ahead for me :o( Speak laters. ATB Bob
Ok out of meeeting. Here is a bit more on what I was talking about earlier. My understanding is identical shares in an investment holding that have been bought at different times are now treated as a single asset, known as a Section 104 holding, and when the holding is sold, the aggregate purchase price is used to calculate any gains or losses (there is a 30 day rule before shares are adopted to the Section 104 holding so be careful) eg if you buy shares today and sell them tomorrow then the gain/loss WILL NOT be based on the section 104 average price holding as it is within 30 days (if the shares were sold after 30 days from buying them then the gain/loss WILL be calculated based on the Section 104 average price holding). Think I'm right on this but if I am wrong then please correct me. Cheers, Bob
Once the merfger is authorised Dixons share are replace for new ones. 6 x Dixons shares will be exchanged for one of the new shares. My belief is that anyone who has Dixons shares will need to find out their average price so you can x6 it when working out if you have to pay capital gains tax in future. The best way to do this is to sell some shares and then use the capital gains calculator which is available on line for share dealing and you will then be able to see what it is. Got to run for a nmeeeting now but will explain more later. Cheers Bob.
Every so often I pop on lse site but don't really get much chance to do a lot of research especially since the merger but what's all how many shares will u have and end up with mean
Thank you - all is now clear (I have a few more than that!)
for 100 you will rec. 1 for every 6 which is 17 approx.
a great deal of sells today, but we didn't go down - thank goodness! not sure much will happen to the share until everything is combined views? - advice if I had 100 shares, how many will I end up with after the merger? Many thanks for any input.
I remember reading somewhere that the EUs monopolies commission will give a decision on the 25th June- I think
8 million buy after time @ 48.34 should help the price tomorrow start well, although it doesn't always follow the way it should! who said perhaps we will make the 50p by the end of the week, not sure it will quite make it unfortunately. if we get 1 share for every 6 we hold will that make the price about 50p time six equal to £3ish?
I not seen a date... when is all this meant to be happening? thanks in advance.
The terms of conversion has already been set some time ago based on the current share price of each company at that time. If you are a Dixon's shareholder you will receive approx 1 share for every 6 you hold. Cpw shareholders will receive 6 for 1. There should not be any material difference in the value of your stake when the new company opens for business. There is some toing and froing of the separate prices which would make it appear that one company's investors will get more or less than they should (based on to-days value of cpw - dxns shares are worth 53p as against 48p and cpws shares are worth £2.88 as against £3.18) but on the last day of trading before cancellation the buyers and sellers will move in which will bring the value ratio back in line to what it was when the merger was agreed. Hope this makes sense
Novice seeking advice please. Currently hold dsg shares, will I get the current value at the point of merger if it goes ahead or just 0.155 of the new company's share per dsg share? Thanks
Surely its the CPw sp is most important now and in the long term if holding; if selling b4, then DXNS rising % wise more than cpw is the way ??? .... I got in with DXNs @ .17 & topped up all the way ... I am getting out at circ 50p ... Nnot greedy ... would have gone earlier but thought this was a 60p er prior to all the pos RNS's
If your holding these shares till after the merger does it really matter what price they are . Eg as we are getting roughly 1share of new company for every 6dsgi shares you own does that mean the price of the new company will be tracking at cpw level . Excuse my ignorance but can some clarify plse