Re: I'm out! LK - Fair enough m8 -- I get a few red mist moments.Looks like there is a nat's coxk in the lot at this mo, so I'm happy to take the mix deal as it's offered and deploy the cash (£383 per share) elsewhere. I was about 60:40 BG-Shell any how, so will end up with about 80% Shell after the cash goes kerchung!!I probably won't add to oil beyond that at this stage.Games -- Actually I was thinking of putting all on black (or was it red mist I'm not sure now!)
Re: I'm out! Damp,"Are you sure you should be on the flybridge ?"I'm impressed by the laser-like focus which you have directed at my posts! I should have explained that I have/had BG shares in four separate lumps. Two of the (smaller) lumps were sold yesterday. The biggest single lump was what I sold today and I have [he confessed] one other (medium-sized) lump still in BG (with a "max Shell B shares" election tag on it).You were right to point out the apparent inconsistency in two of my posts and I hope that all is now clear. You will appreciate, I am sure, that combining active share trading with jockeying a modest but powerful motor cruiser through the pellucid waters of the norther Red Sea while simultaneously updating this board on what the sam heck I am doing is a complex task, but I apologise for any confusion. LKH on the flybridge tracking steadily south
Re: I'm out! Sorry that last post should read fixed at a Shell share price of about 1470, and it's now trading at 1457 OK so .4454 * 1461 as I type = 650.72 + 383 = 1033BG is trading at 1029 so it would cost me money to do this trade plus stamp duty on top --- Eh!!!?Games
Re: I'm out! Games,It was either fixed in Dec or it they will use the 15th Feb 2016 priceIt's far from clear which they will use or if indeed they might be one in the s
Re: I'm out! Belay the last pipe! Having taken that option and made that election I subsequently chickened out, because Shell B looked as if it was heading towards a point at which it was better to sell BG ... and sold BG.====followed today by;The share prices of BG and Shell as of right now suggest that any BG shareholder wanting max Shell B shares ... as I do .========== LKH,Are you sure you should be on the flybridge ?A large dram of single malt in a mug of Tea seems like it's required.
Re: I'm out! "Even with the stamp duty on buying Shell, rather than getting 'em via the scheme, you should get a better deal than chust sittin' on your duffs."LK - Not been following this as closely as you have so can you run the numbers here to justify this? My simple assumption was the value of the BG takeover was now fixed as of yesterday (is that a wrong assumption?) at 1070 ish?Given BG is now 1028, wouldn't it be better to let it play out?Games
Re: I'm out! LK - What price did you get for BG?Games
I'm out! The share prices of BG and Shell as of right now suggest that any BG shareholder wanting max Shell B shares ... as I do ... should sell BG now and buy Shell B now. Even with the stamp duty on buying Shell, rather than getting 'em via the scheme, you should get a better deal than chust sittin' on your duffs.LKH on the flybridge action this d
Re: Jacta est tessera Well, with the featheredge wedged firmly up our jacksies, we're going for the do nothing option.But we've still got a few hours to dither..oh dear.Mrs S is looking more and more like Wavy Mavis, it must be the low wattage light bulbs....Right that's me off to the shed clutching a cheap bottle of Amontillado.cheers
Re: Jacta est tessera 8PK,"Just a touch dissed that I might only get 5% extra yellow and red"It might be a bit more than that because the fall in Shell today may make any last minute electors choose the all cash option, which will provide the offset needed to provide extra yellow and red.We'll know in a few days!LKH etc
Re: Jacta est tessera LKH.Welcome aboard.Appreciate yesterdays Bluey thanks.Right, time to move on indeed.What will be will be but I'm chilled out about the "full gas" B call on this. Just a touch dissed that I might only get 5% extra yellow and red according to your more learned estimate than the default and therefore still have to deal with some spare Wonga with associated charges on the roulette wheel...Regards.
Re: Mix and Match All advise a little late lol
Re: The Mix LG -- What are your top 5 buys in anticipation of your May ramp up?<<<naturally it is those hardest hit..Miner/Oils/Banks...
Re: Jacta est tessera "I've take the bull by the horns and elected for max Shell B shares in the election."Belay the last pipe! Having taken that option and made that election I subsequently chickened out, because Shell B looked as if it was heading towards a point at which it was better to sell BG ... and sold BG.So I've ended up with cash from the outright sale of part of my BG stake (held with YouInvest); I elected for max shares for another part (held with FirstDirect) and the biggest part will get the default (held with Barclays) because their deadline came while I was sitting in my customary position on the fence and couldn't decide what was best to be done so did nuffink.Appy polly loggies for all that detail .... it helps me to remember what the sam heck I've done.Watch Shell soar away tomorrow and make my decision to sell some BG today the wrong one LOL!LKH on the flybridge approaching Ahmed Hamdi Tunnel, sinks back exhausted
Mix and Match Err. So how does the all cash option work then.....