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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Timelord who wrote (441)1/6/1998 9:00:00 PM
From: Tomas   of 2742
 
Alex: No trading in Sweden today (Tuesday), all markets are closed (and we closed early yesterday. The Epiphany). I'm not sure whether IPC will be trading Wednesday- Friday or not, Friday is the last day to accept Sands' offer, and if you buy IPC tomorrow you won't own the stock until next week (3 trading days). If trading really continue I suppose all IPC buyers Wed-Fri will be in the same boat as the stock holders not accepting the offer.
Sands still expect the new stock to start trading on Monday, but it has not been finally decided yet.
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