Member Info for littlened

you dont make sense Davey.You have over 100% profit and are complaining ? And getting out now is stupid !

404,Is 12.5p 'shabby' against 7.5p now ? Ok you wanted more but it is not disaster is it ?

Kever it is the only deal on the table !!!!

Oldman ,nothing is guaranteed either way but I think the safest ‘bet’ is via Prax and I am abstaining in the vote

But what is the alternative.No one wants to buy us except Prax,we can’t borrow to develop,tax credits lost ,well is declining,decommissioning ruinously expensive.A slow death

No the DCU's are part of the deal;part consideration ie a capital asset.As part of the deal they have an acquisition cost which should negate any profit for most older holders,me included

The DCU's are actually referred to as deferred consideration,ie capital not income

Senseman you replied without reading my subsequent posting

No I think you are wrong.The DCU's are a capital asset resulting from the takeover.They will have an acquisition cost based on your original HUR cost and any profit may be subject to CGT if over the annual allowance

You are not making sense,senseman.Why does the offer change if DCU's are not in ISA or Pension ?

I think most posters here are viewing this bid in the light of history which is a mistake.I have held HUR since the days of 2billion reserves so am sitting on big losses.But the past is irrelevant.The sale process eliminated all but Prax.It is the only offer on the table and if the full 12,5p is acheived it is a good outcome based on the share price beforehand.Why do most of you think the full 12.5p will not happen ?

One of OIG largest holdings ,Sureserve,up 35% today asa result of cash takeover

Mariog it is not for nothing ! It is more than the current price

Totally irrelevant Marion.Stick to the deal

It is ‘their act’ !!!!!!!!!!!!!!!!!

Mulder we all know you are a mole so there is no point in posting.We ignore everything you say

No the DCU’s are a capital asset derived from original HUR shares and I am informed by Transact that they will remain in an ISA if the HUR shares were in the ISA

The spread here is too big for traders

They have put in some big early sales to depress the price

It appears to me that DCU ‘s are a capital asset deriving from HUR shares.Any future capital attributed to them would increase capital value and subject to CGT if not in an ISA or Pension.But they will have an acquisition cost ,being derived from the original HUR holding.Presumably HMRC will calculate this.