loocan1 wrote:Can someone take a look at this on lse . SAPO sp @11p offering a 7.50p return of capitol on 19th Jan there's plenty of punters buying in ! But is it to good to be true and not what it seams.
Have you studied this
http://www.londonstockexchange.com/exch ... 78224.html and this
http://www.londonstockexchange.com/exch ... 87625.html?
The share price would reflect the 7.25 pence payable at the end of this month and it would also reflect the remaining expected realisations, as part of the orderly winding up of the company. All things being equal, of course. I've no idea if they are as I haven't studied the situation in detail.
Do also bear in mind the Bid is 8.50 pence. It will cost you the Offer, presently 11.50 pence.