I've just received a letter from Standard Life reiterating how many shares I've been allocated thanks to my ancient With Profits investments and asking me whether I want to sell them, keep them or buy more on flotation.
I'd be interested in the group's collected wisdom on what the prognosis for SL's shares are likely to be. Has anyone calculated what a fair price is likely to be per share? Does anyone know what the float price is likely to be? Just trying to decide what option to pursue. I have no interest in remaining a shareholder in SL for long. Would prefer to sell the shares and put the money into chosen investments, but just wondering which of selling at flotation, or waiting for the dust to settle, might be the best option.
Thoughts welcome.