Uniper (E.on) shares.

[Sheetmaself]

Hi just looking for some advice, i have a small amount of shares in this newly formed company as i have E.on shares and they have given 1 share in Uniper for every 10 owned. I have the option to sell now for 12€ per share, and just wondered if the consensus would be to hold off until they are released onto the Frankfurt market in a week or so?

Not a life changing amount of money and wouldnt be massively fussed if i lost it all as they were freeish shares but if the opurtunity to double up is there i would prefer it

Any thoughts greatly appreciated, and thanks for taking the time to read.

[Simpo Two]

I guess you could hedge your bets by selling half now, in case they go down, and if they go up, you still have half.

Please remit 1% to my Swiss bank account

[Sheetmaself]

Dont sell yourself short, for that kind of advice i would expect to pay at least your 1% plus a kitkat (Chunky no less).

[Simpo Two]

You drive a hard bargain but I accept. Can I interest you in my gilt-edged trouser bonds, three for the price of two while stocks last?

[33q]

I am in the same situation having retired from Eon 6 years ago but in hindsight not selling the shares at that time.

[Sheetmaself]

Ah so another chap whos seen his investment drop by 2/3rds. At least due to the deal we got were still up i guess!

[33q]

Yes.....hindsight is a wonderful thing

After 37 years it was good to walk out behind a golden wheelbarrow!