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The fill or kill won't be executed.
I think someone else has already suggested. Ask your broker for a 100% truthful answer on this. I can confirm I asked HL today about costs and implications and there are none. So all this talk of extra hassle will depend on your broker, but I would have thought a decent number of you are with HL and therefore shouldn't be overly concerned.
Can anyone who trades with HL tell me how they managed to find it in their account? Doesn't seem to appear. Is the only way to phone the broker? Seems like a bit of a ball ache!
Glad I sold a big chunk yesterday *phew*
I assume they will be delayed until the takeover is resolved.
With both offers on the table they have treated the special dividend for the Homebase sale (25p per share) separately from the amount offered in cash or cash and shares from Sainsburys. But this is all within the same offer, so they are not exclusive. So if I use the terminology you have used it would be "joint" as far as what you actually get but detailed separately as part of the offer. Hopefully this is clear.
I'm not judging, but why did you do this? I am genuinely interested :-)
First world problems ;)
Extended deadline. I'll be holding for now. No point rushing into anything. I was happy with the Sainsbos offer, I am just as happy with the Steinhoff offer, so let's hope for a bidding war or Walmart offer. Personally I think I would prefer the cash only option. Not sure I am overly fussed about the sainsbos shares... but let's see what happens. GLA
This was my thinking.
That is true, we can only hope! Also opportunity for Sainsbos shares to increase which could easily push that offer ahead of Steinhoff.
Great, let's hope that Sainsburys come back with an improved offer. I'm not sure which I would prefer, all cash or the shares and cash.
I had thought that. Would be nice! I'm happy with the current offer, so a counter offer would be welcome.
Perhaps that explains the rise in SP? Attempts to get impatient people to cash out earlier? ;-)
I assume that the current share price increase is because the takeover is about to happen???
SP tends to drop when dividend is paid...don't panic though.
Keep in mind that the price of those Sainsburys shares can increase. So your 0.321 calculation at 0.79 is already off by a few pence due to the increase in share price today. Also keep in mind that before the takeover was announced HOME was trading at a significantly lower price, so the price now is reflective of the possibility of the takeover happening to the MM's.
There won't be any broker fees when you get your payment though.
Can you still buy and if you did would you be entitled to the dividend. Actually my second post is correct. God I need a coffee lol