Hi Dave, do you think directors may have panicked when the FCA was breathing down there neck and accepted the deal? I have seen one or two directors buy since the deal collapsed.
PTEC offer was opportunistic and no reflection of the underlying value of the Plu500 business
Above PTEC offer price. What a significant day. Reputation not dented as much as people feared!
This is a strange situation. On now hand you have PLUS price protection of 400p so supposedly easy money, on the other hand the ongoing prolonging delay indicates that the FCA approval is problematic. If we assume the AVA trade case is to be repeated, it means that the deal will not be done and in this case PLUS should have >120 M$ in its coffers for immediate dividend and all its performace parameters seems rather to show growth then decline. If PTEC fails to get FCA approval than something is wrong there and this will extrapolate to all its financial business line including related companies like Safecharge. Is it a classic pair trade Long PLUS short PTEC?
Can anyone please help with Israeli tax thing with PLUS500 sell. Will I get 400p or Israeli authority will cut any taxes on it? If they do, can please let me know how to avoid it. Thank you
Cheshire10Bagger. Great post! Thank goodness for some rational thinking. Was away from my desk this pm, when I came back, almost had to make a visit!
Really pleased with these numbers. Looks like this company is just putting its head down and getting on with the job.
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