Price & takeover?4 Nov 2021 17:26
Hi chaps,
Looking to get some advice/consensus as to what's going on (I appreciate it'll likely be "my guess is as good as yours"!). Bought a few of these for my SIPP mainly for divi payouts and had forgotten about them largely until the massive jump on takeover news - so that's been agreed for 680p in Q2, and the rise up to that I completely understand...
What I don't get is why the shares are at a premium to this, nearly 40p more than they'll be sold for in a couple of months? Can anyone shed any light on why this would happen? Feels like I should sell up now and take some extra profit on top of the sale price, but can't shake the feeling I'm missing something?