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What Happens To Shares When A Business Goes Bust?
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Twointhebush said:So is there a window of opportunity just after the insolvent company has been bought? Do the share prices stay the same as before the purchase (hopefully low)? I guess for someone like me it would be difficult to get the timing right?
In the same way as there's a window of opportunity you could duck under a bunch of flaming axes being juggled by a street performer, grab them and carry on, yes.
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In the case of Interserve and NMC Health Care, I got nothing after they went bust.I have shares in Galliford Try Holdings Plc, that company was bought out, so I now mave shares in two comanies, but only £47 worth in the case of Galliford Try Holdings Plc so hardley worth the transaction fees.
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