When will it be time to pile into BP shares?

[moorfield]

They may not go bust, but they may need to do a rights issue to ensure they have cash flow.

Don't think a rights issue will happen now - they'd have to offer a very deep discount to get close to a full take up - and at what price would that be now, £1.50?. Whatever it is it would raise bugger all cash.

[Fred Bloggs]

I'm sure there will be a rights issue, but after the well is capped and things look a bit better for BP.

[suityou01]

at the lofty heights of 320 this morning

[fullyautomatix]

Massive leap in share price because the City is buzzing with the news that Shell are making an offer to take over BP.

[Money Money Money]

Massive leap in share price because the City is buzzing with the news that Shell are making an offer to take over BP.

Hopefully its topped out, sold 20 shares at 327, +£50 so far. Drop ya bugga!

[Money Money Money]

Hopefully its topped out, sold 20 shares at 327, +£50 so far. Drop ya bugga!

+£150 so far!

[suityou01]

Just rocketed up to 337 and still going

[lukemg]

410 ! Been buying on the way down and averaged out at 3.84. Decided I was going to pile in again if it dipped under 3, which is looking like the bottom. Always took this as a long-termer but I am happy it is above water again (unfortuntae phrase but you know what I mean)!!