What are we actually worth31 Jul 2018 17:19
Hey guys, I have seen a lot of talk about this being 3.5p, now excuse my ignorance being a newish investor, but from reading the RNS, the 3.5p has been paid for 52/54% of the company, BUT, they will issue x amount of new shares, so surely there is dilution from that 3.5p as there will be more shares in issue when the deal is finally done. I don't like talking down a share I am in, but I am nervous that I am missing something. Why are the city selling if its such a sure thing, same for AXA, ok maybe change in strategy but if I was the fund manager I would wait until end of august and sell into the almost certain buying. This share seems such a darn no brainer, sure the sellers have outweighed the buyers, but WHY are they selling, Why not wait a simply 30 days for a hell of a lot more. I guess we will all find out within the next month, ofcourse I will be holding, just hope I don't regret that decision. Good luck to all