The 5th of March was a rise back to the price at time of take over after it had bounced back a little , so looks like new resistance.
5TH march was recent high 4815 dropped a lot since , but it has been 6500 not so long ago, volatile have to keep an eye and be patience. paid a small div i noticed .
Sold the rest SHP… XXXXX looks like i must of missed the option date and ended up with japan listing . Was away on 4th January i see last price was 4690p
Sold the rest Ripley, I’m done - sold everything now and will move on. Wouldn’t want to hold Takeda anyhow with the debt mountain they will have, despite the intention to sell divisions - they’ll probably sell the wrong stuff anyhow. Games
Sold the rest Hi Gamesinvestor1 Just got notice from broker we have 4 options on of which a London listing to hold.
Lead Balloon? Down a little further at 3718 Games
Business Update R - It hasn’t had much effect, I guess it’s because the Shire Shareholders were a given and the main worry was the Takeda Shareholders. The gap may not close if Takeda shares fall due to the debt worry. Or it may rise with the clarity of the deal - who knows? Games
Business Update I guess the gap between 4675 and 4900 will close more, but not fully, when the Shire shareholders approve. You have now posted that has already occurred ?
Done deal Both sets of shareholders have now approved. Still a gap though in the share price. [link] Takeda has now satisfied the shareholder approval condition required to implement the deal. Shire late Wednesday also announced that it has secured merger approval from shareholders at a general meeting and court approval for its scheme of arrangement. That’s it, the end of Shire. Games
Business Update well spotted, it is indeed.
Business Update Gamesinvestor1 That is not reading right to me the value is above toady’s price not below as i read that .
Business Update At today’s rates, I get an approx value of :- $30.33 exchange rate to £ = £23.8 Takeda Share Price 4240 Yen 0.839 X 4240 = 3557 Exchange rate Yen to £ = £24.7 Total value £48.5 or 3.7% below today’s 4672 as I type So tha gap has shrunk because Takeda share price has dropped a bit more. Will the gap close more or is this as good as it gets? Games
Business Update Thank you Gamesinvestor1
Business Update R – Looks like this :- “”“The last day of dealings for Shire shares on the London Stock Exchange will be Friday, January 4. Shire will be removed from the FTSE 100 index on Monday, January 7, according to index provider FTSE Russell.”" I guess the gap between 4675 and 4900 will close more, but not fully, when the Shire shareholders approve. It’s probably then you want to dump them, or at least before the 4th January. I wonder about Takeda shares in January, I expect they might drop like a lead balloon as lots of international shareholders will say Sayonara !! Games
Business Update SHP… XXXXX The deal got voted through by over 85 % share price up .