The plot thickens even more! Looking via my iPad and not my phone the 17:15 trade says it’s a buy but the earlier one is a sell but totals the transaction at £5862.50 as a sell.
The plot thickens: on Eurasia’s website showing today’s trades there’s a 3.5m at 14:26 @ 17p, then the same amount at 17:15 @ 16.75p. I can’t fathom whether they’re buys or sells though.
Rather than have to pay any CGT on any profit I’m in the process of transferring my EUA in my normal account to my ISA. As even if we get £1.80 a share I’d have to pay about £20k in tax and we can’t be having that! I’ve only got 74,000 shares btw.
Many thanks for the heads up this morning on SNG. I looked and they were £1.06, then £1.28 and when I got around to plunging in £1.68. Bought 888 and left a sell order for a hopeful £2. Went out on my bike and on the road from Wetwang to Driffield my phone bleeped to say the order had been executed making me a tidy £280. Cheers
Well, I DID sell my Porsche in Feb due to lack of use and it’s horrendous depreciation (£21k in 23 months, 718 Cayman GTS). I’d maybe buy an old 911 (993).
I’ve thought of: surely whoever buys the company will want to make money themselves? Therefore they’ll be wanting to pay less than all these values we’re guessing at? Of course I know nothing!
It’s getting exciting isn’t it? I’ve never been invested in a share that’s been subject to a takeover before. Even a 35p sale would double my investment of £12500. Onwards and upwards.