... is being bought out. Surprised no-one has mentioned it.
https://www.londonstockexchange.com/new ... r/14729790
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McCarthy and Stone (MCS)
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MrFoolish
- Lemon Quarter
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PinkDalek
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Re: McCarthy and Stone (MCS)
MrFoolish wrote:... is being bought out. Surprised no-one has mentioned it. ...
Somebody did, first thing this morning, over at Share Ideas:
viewtopic.php?f=33&t=25458&p=349998&hilit=McCarthy#p349998
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AndyPandy
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Re: McCarthy and Stone (MCS)
It's a pretty ungenerous price at £1.15. I put the value at around £1.30 based on asset value alone.
Still, we're all in this for a profit and Lone Star will be the same. I might hold on for a short while to see if a counteroffer appears, but since the current price is at the Offer price and it's a Recommended Offer, no-one seems to be expecting anything higher.
Only bought into this a few months back so can't complain too much about the return. It will offset a lot of red ink elsewhere.
Still, we're all in this for a profit and Lone Star will be the same. I might hold on for a short while to see if a counteroffer appears, but since the current price is at the Offer price and it's a Recommended Offer, no-one seems to be expecting anything higher.
Only bought into this a few months back so can't complain too much about the return. It will offset a lot of red ink elsewhere.
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