6 Oct 14, 05:40 PM
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#50
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6 Oct 14, 05:40 PM
cazspence
slightly serious Dibber
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slightly serious Dibber
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Originally Posted by gavvy
ok so from what I can work out you can do 3 things.
1 - nothing - TWDC will then buy your shares at EUR1 and you will lose 1/3 of the value
2 - sell the shares to TWDC for 1.25 then buy 9X your holding for 1.25 and sell the whole lot back to TWDC - works out you get 3.50 for the shares you already hold.
3 Sell your shares and buy 9x as above, then hold onto them... This is the risky part- the census seems to be at some stage in the future TWDC will buy up all remaining shares- at what rate no one knows, and most people would have to pay out a few hundered £££ to buy the shares.
I get the feeling most people will do option 2- which is what they want as they no longer want small investors.
Does anyone else think this is correct? See more...
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No my financial advisor informs me that you cannot sell your shares first. You have to hold them and then add the 9 per share. Eg 100 would then hold 1000 as they need to buy 9:1 ratio. Only then can you sell back to and that it is NOT forced buyback. It says that clearly on the corporate website.
Edited at 05:43 PM.
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