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open offer with shares???

3 replies

hotandhappy · 27/04/2011 18:06

not really that clued up but basically i have some eddie stobart shares currently worth 1.44 per share and i have an open offer invitation as they raising funds saying i can buy 44 more for 1.50 per share - am i missing osmething basically obvious or is that not a good deal as they are cheaper on open market iyswim? Should i buy them as after the execution date they will be worth loads more??? I was going to ignore it but if there is a chance on making some lolly i am all for it.

OP posts:
hotandhappy · 03/05/2011 17:23

BUMP

OP posts:
Rachel07 · 08/05/2011 10:08

Been watching this for a while as am interested to know myself.
Noticed the share price has dived this week so 1.50 seems like a bad deal currently.

Wolfgirl · 08/05/2011 19:02

If you do not go ahead and buy the offer of the shares, they will sell your allocation on your behal and award you the money. HTH

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