4p surely?30 Jan 2009 08:25
Henderson said it would pay 22 million pounds for New Star's ordinary shares and a further £70 million for pref share holder.
Well market capitalisation at present is under 5 million I believe, so share price in my opinion is going to be 5.5p + .......my calculations may be wrong, but suppose the mkt and fellow buyers will interpret the info and price will reflect this?