CWC.L Share Price (CWC)

Oh well that is it. Good luck to all who held on through the takeover and I guess this board will be no more very soon. Whither Comsman!

Thanks DMD. Well that explains why the updates have ceased. I am glad I got out at just over 77p last week. I already parked the cash elsewhere and will receive a dividend on those new shares mid-June, so happy. I did mull over keeping my stake and taking the liberty shares (I still hold US paper from verizon via vodafone). However, having just endured the second price rise in a year from Virgin TV and also realising that with a bit of internet jiggerypokery I can get most of the content for free, I binned them (and I suspect many more will follow) and who owns Virgin......Liberty Global!

Yes they did, but from market close weds pm to the time that the LSE closed on Friday evening Liberty global had fallen from a whisker off $40 a share to $37 (over 7.5%). CWC simply tracked that fall. By the way, you said the 13th, did you mean May or June and where did the date of the 13th come from?

I agree with your opinion of John Malone. However in this instance he is not guilty mlud as JM has absolutely no control or say in the content of these RNS offer update statements put out by CWC. They simply state the facts based on the offer ratio of LGY to CWC shares on offer and based on the current (or average) price of the former. Are you still in CWC? I got the impression (based on how quiet this board had been lately) that most UK holders had jumped ship. I did so last week having spotted an opportunity elsewhere to park the cash and earn more income. How about you?

No you have completely misunderstood the nature of the offer. It is not cash that CWC shareholders are being given, so numbers such as £3.5M or £3.6M are totally meaningless. You are getting paper in the form of US listed shares in Liberty Global and as the ratio of LGY:CWC paper you are getting has already been decided, the true value of the deal to an individual CWC shareholder is thus totally dependent of the SP of Liberty at the cut off date. The cash component is tiny (the special dividend). My question was why have they stopped issuing offer updates? As for propaganda I do not know what you are referring to at all? Who's propaganda? Do not forget that the RNS posts are a legal requirement on the company as it goes through the takeover process, so I do not see how they can be construed as propaganda?