We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

B&B Rights issue.. take up the offer ?

Options
1246713

Comments

  • setmefree
    setmefree Posts: 851 Forumite
    Shares price at 15.42pm
    107.75

    so there you go purch i will give you the ups and downs
  • setmefree
    setmefree Posts: 851 Forumite
    shares price at 16.17pm
    106.00
  • Meggy
    Meggy Posts: 17 Forumite
    Does anyone know more about what happens if you don't take up the offer? I know you can sell the rights although not sure how you would do this. But what if you do nothing? I saw something about letting the rights lapse and the company still pays you something. Can anyone shed any light on this?
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    And they also don't want to pay an interim dividend in October but issue more shares, further diluting value/share.
  • setmefree
    setmefree Posts: 851 Forumite
    Shares price now 102.00 @ 16.40pm
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Just about to become a penny share :rolleyes:
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • Merrywidow
    Merrywidow Posts: 766 Forumite
    Meggy...I am in the same boat with Halifax - I am sitting tight for the payout . I am not pouring good money on bad,
    member # 12 of Skaters Club
    Member of MIKE'S :cool: MOB
    You don't stop laughing because you grow old,
    You grow old because you stop laughing
    :D
  • setmefree
    setmefree Posts: 851 Forumite
    It Aint looking good for anyone, i did make this point a while ago on here under a different thread and was classed as mad and an idiot....now who's the idiot

    http://news.sky.com/skynews/article/0,,30400-1316684,00.html
  • setmefree
    setmefree Posts: 851 Forumite
    Shares look to close @ 104.25 not good at all
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    setmefree wrote: »
    Shares look to close @ 104.25 not good at all


    True, earlier in day i read that shares had shot up on Barclays bid speculation, i had something in post re EGM, not read it completely saw a snippet which seems to indicate that their is a proposal to give out more shares instead of the 2008 interim dividend. :eek:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.