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Advice wanted - Egg Shares

Options
I have shares in Egg.
Prudential are offering to buy them back.
Do I have any other logical options than to accept their offer ?

I notice that Egg shares have been increasing in price lately.
Any information gratefully received.

Thanks
Stuart

Comments

  • bbruce
    bbruce Posts: 369 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I'm in the same position.
    I was thinking of taking advantage of the free dealing service and sell.
    Shares seem to rise this season most years so presumably the Pru shares we're being offered will rise a similar percentage.

    Learn from the mistakes of others - you won't live long enough to make them all yourself.
  • DocProc
    DocProc Posts: 855 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Here's a 1-year chart for the EGG share price:

    http://uk.finance.yahoo.com/q/bc?s=EGG.L&t=1y

    It looks as though the share price has started to rise fairly steeply of late and has now 'broken out' above a resistance level at circa 120p

    More to come? Hmmm?
    If it does drop then use 120p as a 'Sell' price? Hmmm?
    And Prudential are up for buying them from you, you say? Hmmm?

    Decisions. Decisions.
This discussion has been closed.
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