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Online Share Trading

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it is a fish or a cow, not both

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Super Contributor
If Simon is right - then we are looking at a less than transparent treatment of shareholders/ investors; because they would have been saying one thing about the future and doing another (not that that can't happen)and all these actions are just window-dressing and its BAT from here to eternity. But John is right they have to disinvest from BAT. It seems that they are treading the tightrope of moving from a cash cow (which is itself not a long term proposition anyway) to a fish quite carefully ( as you would expect )Lets hope its a Blue whale. Some families plant trees others arboretums.
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Super Contributor
well I am currently trying to sell them a whale. Will keep you posted!
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Super Contributor
Personaly I would just own BAT at this point..Think about it..as long as the are not selling BAT it means they have not found anything better...so simple if BAT is the best put your money there...when and only when they sell their stake of BAT then it means they have a plan..now buy back your REInets..tis simple!!!!
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Regular Contributor
Except you're getting the BAT shares and cash with a nice healthy discount which should be unlocked at some point in the future. There's more visibility in owning BAT directly, but more upside (and risk) in REI.
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Super Contributor
That is an intersting point.. agreed. and thats a chunk of cash however it is unlikly it will ever truly be realised just look at the discount remgro trades at... but still very good point.
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