Sit on them all you like15 Apr 2011 20:24
"Only 100m shares and 15m pounds in the bank:". If the company gets taken over the share holders will get very little if anything. Its been all wrapped up in favour of those preference holders....Instead of looking at that amount think in these terms....At most the common shareholders will get about 1% of the company. That means the 15m becomes 150,000 pounds. somewhere between 0.175 and 0.20 decimals have never been my strong point.. Some people do buy these things.....not completely unknown...150,000 must be worth 350 pounds? Well I certainly hope those eggs hatch....would have thought magical beans would have been better than golden eggs..