Re Eal Tamer's question28 Nov 2011 16:39
Most of JHD's holders are private individuals. Tomorrow they will buy back shares at a 23p premium. As the average sahreholder has say 20,000 sahres they can get about £ 4K tax free as it is below the CGT exemption threshold. No tax to pay. And the 5% premium should be enough to buy back the shares at the mid price so a 23 p for doing nothing and CGT base price raised to £ 4.60. It should be crime to beat the 50p tax rate.