RE: Share Price 1p when transfered ?16 Feb 2019 19:56
JscottD.Welcome to this board.Regarding your wife's vote,only she/both of you can make the decision.She like us all here will have seen her share value drop,from circa 16p to 2p overnight,and without selling on the open market will see it drop to 1p or less dependant on the vote.The shares are NOT tranfering to Connect Airways.
Regarding the job security,I would check the "The Recommended proposals for the acquisition of Flybe Group plc by Connect Airways Limited" a nice 79 page document that may be available in her rest/crew room, or I think it may be available on the flybe investors site, or somewhere else on the web.The relevant point that contradicts her letter,is clearly stated on page 19,the last paragraph before point 8.It needs to be read,and circulated to staff so that they can see that the signatory of the letter,is not singing from the same hymn sheet.