Carpet Right Shares

Carpetright s biggest shareholder has tentatively offered to buy the retailer.

Carpet right shares.

We re not expecting carpetright to pay a dividend over the next 12 months. Cpr l is listed on the london stock exchange trading with ticker code cpr. Carpetright shares collapse as ftse listed flooring firm s biggest shareholder mulls cut price 15 2m takeover. Carpetright plc has a 4 week average price of 0p and a 12 week average price of 0p.

Carpetright share price alert. Carpetright plc engages in the retail sale of floor coverings beds curtains and blinds. The lowball bid sent carpetright shares down by almost half on thursday to 4 7p below the offer price and valuing the company at just 14 6m. Shares in carpetright were 11 higher at 14 93 pence in london on tuesday.

28 to make a firm offer for the company. The market capitalisation of carpetright plc is 15 052 653 98. Meditor which held a 30 stake in carpetright as of late may agreed to buy the gbp40 7 million revolving credit. Carpetright has received irrevocable undertakings to vote in favour of the possible offer from shareholders representing a further 24 of its shares.

In terms of relative price strength which takes into account the overall market trend the carpetright price has moved by 65 77 over the past year. The stock peaked above 300p in 2007. The company also sells its products through online. Carpetright shares tanked on thursday after the struggling floor covering retailer said it is in talks with biggest shareholder meditor about a possible takeover offer at a heavy discount.

The group said it had achieved like for like sales growth in its first half. However you can browse other dividend paying shares in our guide. Share name share symbol market type share isin share description. Under britain s takeover rules meditor has until nov.

Shares in carpetright are currently trading at 4 96p and the price has moved by 72 51 over the past 365 days. The 1 year high share price is 9 48p while the 1 year low share price is currently 4p. Ord 1p price change change share price bid price offer price high price low price open price shares traded last trade.