JonnyBoy Posted February 6, 2005 Posted February 6, 2005 Anyone had any thoughts about the Mm02 share option at all? here cons and potential cons of holding onto the new 02 shares? if they are trying to cut down administrative costs, remove themselves from the NY exchange, are shares in the new company going to become more attractive and increase in value? Will mm02 be able to influence their share value at the date of sale to ensure they only pay out 105p per share, or is the value likely to stay at 123p? Does share value fall as all these shares effectively flood the market? Its an interesting one i think.. but I dont know quite what is the best way to go. Any thoughts? TIA Jonny Quote
Eccentric_Rich Posted February 6, 2005 Posted February 6, 2005 If you don't need the money I would be inclined to go with option two and remain a shareholder. If O2 is taken over in the future you should make a few quid although I doubt it'll be enough to change your life significantly. Quote
YouMustBeJoking Posted February 6, 2005 Posted February 6, 2005 If you only hold a few and want to sell it looks like a good deal. I think it extremely unlikely that the company will try to manipulate the share price. There are 8600 million shares in issue. At most this deal will apply to 600 million, probably less will actually be sold so I think that any effect on remaining shareholders is likely to be small and transient. I will probably sell the shares and use the proceeds to pay off a bit of mortgage. Quote
moomin Posted February 7, 2005 Posted February 7, 2005 I only have a very small number of shares, but am leaning towards holding on to them as they won't realise all that much cash now anyway. certainly won't be making any dents in my mortgage! moomin Quote
Paul Hurdsfield - Joint Manchester AO Posted February 7, 2005 Posted February 7, 2005 I've got one or two and I'm sticking with them for now Quote
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