10 Nov | Sale – Clipper Windpower
The once proud Clipper Windpower whose price previously stormed its way toward ten quid recently became a takeover target for UTC and not for the first time if memory serves me correct.
Anyway, to cut a long story short, the offer came in at 65 pence a share and not being one to hang a round for the last rites, we sold out at 64.15 pence to put our money to work elsewhere. At the time of the deal 65 pence was at a premium so no harm no foul.
We were averaged in at £ 1.0495 so we took a bit of a hit this time round, but a sale 13 months ago at £1.77 saw us pretty much break even overall in our dealings with Clipper over the journey.