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Did anyone else see that brief dip a monute ago?

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Just need a rumour of another party entering the ring :-)

A deal has been agreed with Takeda

Is surprisingly stagnant considering it finds out if takeda will make a firm offer in less than 24 hours :-/

Is surprisingly stagnant considering it finds out if takeda will make a firm offer in less than 24 hours :-/

Is surprisingly stagnant considering it finds out if takeda will make a firm offer in less than 24 hours :-/

AK, its shire we are talking about. Any other stock would be trading at 10% below the offer price. If there is a deal it will go up by �6 and if there isnt, it will trade down by �6. Which i think is unfair on shire as most pharmaceutical companies have made a decent recovery over the same period. To stay on similar terms with its peers shire should not lose more than a couple of pounds if there is no deal. But it will fall a lot more as loads will panic sell. I won't!!

All pharma stocks up 1 to 5%. Only shire in red.

Trading at almost no change today. Hard to belive its subject of takeover. Wont surprise me if it turns red.

I agree with you Scfc. But man i should have bought hikma at �8.xx which has recovered without any rumours to �12.xx. Its up another 3.5% today. I didnt/couldn't buy it as i was knee deep in $hite/shire

I agree with you in the main. But my issue goes beyond takeover. All pharma stocks have had nasty decline till a couple of months ago. Now most have recovered a bit and some have recovered to the tune of 50% <--- hikma. Shire has recovered only because of takeover approach and if its rejected it will decend back to where majority of the pharma stocks were two months ago. So why is this stock being treated as junk when there is a company willing to pay fair value of �47 a share for it.

Not moving much today. I used to think that best gains in share price happen when a company is subjected to merger/takeover. But shire has proven it wrong. Would have been better off in hikma. It has gone from �8 to �12 (50% gain) in the last few weeks. Shire on the other hand, has gone from �30 to 38. A gain 30% despite being approached for takeover at �47 a piece - still trading at a massive discount of at least 20%. Incredible!!! :-/

Not moving much today. I used to think that best gains in share price happen when a company is subjected to merger/takeover. But shire has proven it wrong. Would have been better off in hikma. It has gone from �8 to �12 (50% gain) in the last few weeks. Shire on the other hand, has gone from �30 to 38. A gain 30% despite being approached for takeover at �47 a piece - still trading at a massive discount of at least 20%. Incredible!!! :-/

thx Scfc

Does anyone know when shire will give quarterly results pls?

Lol...Ash To be fair, had it been any other company their price would have shot up to close to offer price <---- on speculation. I have like many of you seen it happen. But this is shire :-((

Good point Sam But what i wanna know is why the f*@# shp price ia still in late 30s when a company is willing to buy it out at fort bl00dy 7 pounds? Shouldnt it be trading at at least 43 already??

Lol...yes u got Scfc :-) Just waiting for right price to sell out

Some of us here thought shire was trading fairly at �30 a piece a few weeks ago and now we r being offered 47. How is it not good?