Sant Uk 29 Discussion Threads

[the player] 07/10/2001 18:45

RTK's delisting plus the collateral damage it will cause, coupled with the commencement of hostilities in Afghanistan, should mean that RTK's 1% is but a puff of dust in next week's sell off.

Or will it?

TP

[kayak] 07/10/2001 18:41

When it becomes clear that the share is to be delisted (which could be Monday) it will be removed from the index at a given value, which has been zero in similar cases. So the index will drop by the amount of the contribution of the share. A replacement will be included immediately, Stanley Leisure I believe. See .

[gausie] 07/10/2001 17:11

So railtrack fail.

RTK constitutes almost 1% of the FTSE 250.

Does anyone know what the rules are now for the purposes of calculating the indices? Does the price stay at 280 until the mess is untangled? Or does it go to zero? Is a reserve brought in immediately? And is the reserve company number the one numbererd 351 at the last reshuffle? Who was that? It's one thing when the likes of Calluna and Cammels fail, but Railtrack? Who's next? And what'll be the effect on other struggling former FTSE stars as long term buy and hold investors realise the risks they are taking, and start dumping the lot?

Crash tomorrow?

Kayak? Croc?

Confused of East Cheam (Railway Cuttings)