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Advice wanted - Egg Shares
Options

gremilex
Posts: 65 Forumite
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
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
0
Comments
-
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.0 -
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.0
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