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    lloydstsb - hbos takeover revised

    Banned
    a bit confused.......


    the deal has been revised- see link below.....

    so how many shares do i end up currently have 2000 shares with hbos

    9 Comments

    salmond has asked for this - think it was a kneejerk reaction

    Original Poster Banned

    do my shares decrease or increase?

    Decrease, I am not up for this and think HBOS should be allowed to tough it out. I would rather gamble with whats left of the value of my 1539 shares.

    Original Poster Banned

    Pavers;3254285

    Decrease, I am not up for this and think HBOS should be allowed to tough … Decrease, I am not up for this and think HBOS should be allowed to tough it out. I would rather gamble with whats left of the value of my 1539 shares.





    DECREASE!!- looks like hbos share holders are getting a beating- funny thing is we could do better without the takeover

    They are worth less, about 25% less. You were due 0.83 Lloyd's shares for each HBOS share but has been revised to 0.605. It's a little irrespective at the moment as shares are low valued and no dividend will be payed in the near future. So best to just leave them where they are until the price recovers, but don't expect prices to get to a good level until 2012.

    Pavers;3254285

    Decrease, I am not up for this and think HBOS should be allowed to tough … Decrease, I am not up for this and think HBOS should be allowed to tough it out. I would rather gamble with whats left of the value of my 1539 shares.



    I can see where you are coming from. But unfortunately it will be the big institutions that own millions of share that will make the choice and in the current financial situation I cant see them taking the risk.

    ROKO;3254164

    so how many shares do i end up currently have 2000 shares with hbos



    17

    divide the number of shares by .605% gives you current offer, whilst may seem mean its better than the value of northern rock shares!
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