Crappy, if only it were that simple. The £1.16 you mention is how much you will get if you sell them now. The closing prices on Friday show that they actually cost £1.18/share to buy.
Therefore, if you were to you buy for £1.18/share, you will have to pay 0.5% stamp duty, plus commission to buy ( typically 1 - 2 % ) add to that expense the loss of any interest that your capital was earning elsewhere, and I'm afraid you'll find that all of your profit will have gone plus a bit more.
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Horry Snr.
[This message has been edited by Capt. Horrendous (edited 08 April 2001).]