[On :freetrade:] Centamin - £CEY ✨

Hypothetical question as of now… but if Centamin were to accept Toronto-listed Endeavour’s offer of 0.0846 of its own shares for each Centamin share what would happen to Centamin holdings in Freetrade?

  • Would current shareholders see Toronto-listed Endeavour shares instead of Centamin in Freetrade?
  • Would the system just cash out current shareholders?
  • Something else?

Going by the history of other events… As endeavour is not on freetrade, you’ll get cashed out.

Oooo my Centamin free referral share from September looks great.

Do you know if this has happened on Freetrade before?

Acacia Mining

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Currently happening with Just Eat

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They need to be talking 1.50+ per share for all shareholders. Will happily sell and wish Endeavour all success with their future endeavours. :slightly_smiling_face:

https://www.cityam.com/endeavour-calls-off-merger-talks-with-gold-miner-centamin/

Takeover talks have ended!