I add a number of Just Eat share which has now disappeared from my portfolio without any notification. However, (by chance I saw) I saw a deposit of £9.97 and on probing further, the description states- Takeover by Takeaway.com.
Now, I ask you, takeover from what? How is anyone meant to know what Takeaway is or the relationship between both companies? An appropriate description would perhaps had been- Just Eat takeover/merger with Takeaway.com
Can you tell me what the £9.97 deposit is for? I’m assuming this forms part of the 50% pay out from sale of iFood(weblink below). What about my Just Eat shares, what happened to them? Will I be getting equivalent shares from Takeaway? What is the process in relation to takeover/share swap etc?
If I have to keep a tight check on my portfolio this way to be assured that nothing going wrong, then it isn’t a sign of that I can rely on T212