Form of election20 Jan 2015 21:16
I read stuff from HL and it raises more questions than it answers. I read the FTO advice that UK residents should opt for loan notes and not CVRs. There seems to be many with the view that this is a rip off and we should use our holding to cast NO votes to try and stop this process going through. The other view is that if it was a rip off then the share price would reflect this and would be higher than the ten pence offer. Maybe the share price is stuck at just below ten pence because whatever the the true value of FTO there is little confidence that it will be fairly distributed to the shareholders.