Telewest 23 June 2004 at 9:13AM in Savings & Investments 3 replies 3.8K views

carcuscrae

Hi

I know there was a thread on this earlier but it didn't really answer the question I have. Here is the scenario, I have 15000 Telewest shares bought at 0.65p and I have now heard that their refinancing has been approved and they are considering listing on the NASDAQ and possibly merging with NTL. How does this affect the FTSE listing they currently have? Will they just be delisted or will they (fingers crossed) start to rise in London?

Thanks for all your help.

Pal

Who knows? None of the things you mentioned will result in the share price increasing beyond a nominal amount. The only thing that can do that is an improvement in Telewest's performance as a business, and that is anyone's guess.

carcuscrae

I was really more concerned about whether they are likely to be delisted in London if they start trading on the NASDAQ?

Pal

I would have thought so, yes. NASDAQ is a US based exchange isn't it?