If I had shares at 500p but the bank was taken over at 150p as is likely do I loose 350p for every share I own?
2007-09-20 06:59:27 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
yep .. by now the Vultures must be dripping at the mouth ...
... the only hope now is a bidding war (and the winner is forced to pay an approximation of what it is worth ..)
2007-09-20 07:10:05 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
The danger is that even if valued at 150p per share, it could actually be sold for less than this if the company is regarded as no longer able to operate. Other banks may have the bargaining power to break the company up in this way. The good news is that if Northern Rock retains solvency, you should expect to see recovery of the share price in time.
2007-09-20 07:15:47 · answer #2 · answered by chron2005 1 · 0⤊ 0⤋
The price you paid is irrelevant. What you will get is 150p per share. Tough luck, the stock market is not all one way.
2007-09-20 07:12:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋
they'll probable circulate up and down numerous circumstances yet i think the form would be down as not one of the different banks are attracted to procuring it on the instant value. If it gets everywhere close on your procuring value if it have been me i might sell yet i'm no longer qualified as an authority in those concerns. yet you are able to guess your boots that there are various that're in the comprehend who're procuring them each and every time they're at there lowest and advertising them on each and every upward thrust to make a killing.
2016-12-26 19:56:37 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Provided at least 75% of the shareholders accepted the offer, yes.
2007-09-20 07:03:57 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Ohhh ..it Will NOT HAPPEN, in fact, you are more safe
than the Bank of England, in fact, said Bank are backing
Northern Rock !! Keep your COOL, you will not lose out,
in fact,customers who stand by , will get a substantial
bonus (pro-rata)....KEEP IT IN !!
2007-09-20 11:35:52 · answer #6 · answered by landgirl60 4 · 0⤊ 1⤋