Member Info for stug

As they always seem to do, it’s still in play they need 75% it depends on us now.

When you look at all theses sell transactions the rats have decided to leave the ship, fe..k…g cowards.

The only option we have is to vote no and hope we delay the inevitable and get a better deal.

I don’t think the big boys are deep into this Pref, I think less than 15% although IFTG themselves could vote this through but they are sitting on the sidelines and maybe if it fails then the next time they may not . On the London stock exchange they class Stab & Stac as a bond could they not have explored that idea. I wish you well in your endeavours.

With the profit that I make from these it would allow at least slightly over 2 years divi payments, maybe just maybe they might have done us a favour as inflation is not out of the system yet and it might throw up some bargains in the future.

Best of luck.

Dd

Also investors chronicle has an article about them today.

Hi, I’ve been a holder of these over the years on and off since 2008 and 3 years ago topped up to around 16000 prefs.

According to some the vote has to be at least 75% in order to go through. I’m with the Halifax share dealing service and they are a little bit slow with the corporate action 10th July being the deadline.

My natural inclination would be to vote against this as I think they are trying to buy this on the cheap and it has ramifications for the other prefs on the market.

shame on all of you,