Wednesday, February 15, 2006

Telegraph | Money | The Numbers Game: ignore the hot air and sell BOC

Telegraph | Money | The Numbers Game: ignore the hot air and sell BOC: "f you don’t own BOC it is probably too late to bother. The bid is at £15 per share, compared with £11·50 before the news broke. Today’s price is £14·81. That reflects a number of factors: whether the bid will be rejected or blocked on competition grounds, whether Linde or someone else will offer more and how long it would take to get your money. As with the odds on the Derby, it represents the balance of informed opinion. By all means take a punt if you want to. But you might as well spin a coin."

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