Investment Evolution Cre... Share Discussion Threads

[debbiegee] 29/12/2008 12:04

Imperial,objective to vote late could be if they want to buy anymore before the whooooooooooooooooooooooooooshhhhhhhhhh

[n1blet] 29/12/2008 11:32

does anyone know how cfd's and spreadbets work their way through opn the acceptance of the offer?

[imperial3] 29/12/2008 11:28

What is their objective to leave it so late?

[napracc] 29/12/2008 11:27

Some of the big holders will delay their acceptances until tomorrow. They always do in this sort of takeover situation

[orvis] 29/12/2008 11:19

Another holdings notice - Citygroup sold 769,461 on or by 23/12/08 and then had only a 0.3% holding left.

[imperial3] 29/12/2008 11:19

Is the company obliged to inform the market,the minute, the assent level of 90% is reached?

[shiny1000] 29/12/2008 11:16

Katsy..ONGC are stupid and foolish..period!

[katsy] 29/12/2008 11:15

If I worked in the finance dept. on ONGC I would seriously consider buying some IEC now. For every 1000 they boght now they would save themselves about £1500. In a world where bosses are telling there staff not to print so much or to switch off their monitors at night it would be foolish not to at least save a few bob on this.

[debbiegee] 29/12/2008 11:15

UBS would be silly to be holding 6% and not vote ?

[imperial3] 29/12/2008 11:06

Miamisteve.
Hope you are right about UBS.They have a sizeable and critical holding.

[miamisteve] 29/12/2008 10:58

Katsy - yes but then they then corrected it. 1pm tomorrow is the cut off. Would make sense for someone like UBS who is still adding to hold off acceptance until tomorrow, although they forced me to accept the offer by the 23rd, so expect that they have already accepted and gone on holiday.

[katsy] 29/12/2008 10:55

Morning guys, didn't we get an RNS saying that the actual time for acceptance was 9am following the 30 dec.

[imperial3] 29/12/2008 10:52

Those that know,for absolute certain, that it is a done deal,at this time,could make a killing,between now and tomorrow,at these prices.

[cliffyburger] 29/12/2008 10:52

The last point for acceptances is 1pm tomorrow (30 December), with the outcome being announced on the morning of New Year's Eve. Hence, unless the 90% threshold is breached today and announced tomorrow, this is set to go to the wire.

For what it's worth, I accepted ONGC's 1250p-a-share offer for the many thousands shares which back my spreadbet. Let's hope for a last-minute flood of acceptances via CREST and so on... :0)

Cliff

[napracc] 29/12/2008 10:50

Anybody notice that Holding notice ftom UBS. Still holding over 6%

[orvis] 29/12/2008 10:49

Holdings notice this morning : UBS added 658,250 shares to their holding by or on 22/12/08.

[debbiegee] 29/12/2008 10:47

Mon /Tue last week saw fireworks in the afternoon,wonder if we will have more this afternoon ?

[miamisteve] 29/12/2008 10:44

No reminder from the company to vote today. Think they know it's in the bag.

[madjock2] 29/12/2008 10:40

spob

that is our whole point about the indians whingeing

[spob] 29/12/2008 10:17

Are these figures from the FT correct ?.......


ONGC is buying Imperial for its potential growth. It has probable and possible reserves of 3.4bn barrels of oil equivalent and is planning to lift production to 80,000 barrels a day by 2011.

The deal values the UK group at about £1.3bn

or 38p per barrel



If the figures are correct, this deal amounts to daylight robbery.

[backtothesoil] 29/12/2008 10:16

Selftrade have removed the shares completely.

[napracc] 29/12/2008 10:16

Some will leave it right until a few minutes before the 1pm tomorrow as they will use Crest to accept the offer.

[debbiegee] 29/12/2008 10:15

Has anybody here actually sold any IECA?
Are they paying at a different rate ?

[steelwatch] 29/12/2008 10:09

Mj - the assented shares should show as IECA, otherwise IEC ?

[imperial3] 29/12/2008 10:07

I wonder which institutions are leaving it to the last minute, for their decisions.