LLP 0.00% 34.5¢ lloyds bank plc

Agree totally with you all. Even without a takeover price, LLP...

  1. 892 Posts.
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    Agree totally with you all.
    Even without a takeover price, LLP was destined to increase back to a lesser discount to its NTA over the next 12 mths. Just look at the other REITS. LLP in my opinion is a REIT combined with a business, ie Its is better than a REIT.

    .31cents is plain stealing & LLC should feel ashamed to throw this at us just because they hold 40%. ( & equally the directors should be ashamed)
    I don't have a problem if they were to pick it up at 10 -15% discount to the .60cents they paid for their original 40%.
    Also, I expected that we would have had the option of either the cash at a fair price or a conversion into LLC shares with CGT rollover relief. Not having this option declares they are stealing LLP from us.
    I wont be voting yes
    I would have accepted LLC shares + some cash.
    I will only vote yes to a price closer to .50cents(otherwise I am happy to hold for future dividend)
    I will be emailing LLP expressing my disgust.

    an annoyed
    Freespins
 
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