The 2nd paragraph of the answer to question 5; does this mean when just the BoD agree on the terms or when we the shareholders agree as well? Then, will the SP go up when the sale is agreed or when/if it’s voted through? In other words how will it all pan out?
Could the BoD wait until the AGM to announce a deal or do they have to tell the market ASAP? It’d be nice if they waited till the end of the AGM and said “Oh we nearly forgot, we’ve done the deal and we’re all getting £5 a share dividend. That’s if everyone votes for it.”
If anyone is fretting about their holdings shrinking in value spare a thought for our BoD. Dimitry’s down over £100m! And he doesn’t appear to be worried.
I’ve just sold my little buy for a £129 profit. I know, it’s not a lot to some of you chaps but that’s more than I earned in a day lugging mail around when I was working. I do still hold 300,000 though.