SHARES in BOE Ltd vaulted on Friday on rumours that the banking and financial services group would announce details of a broad-ranging restructure as early as next week. Traders said regular talk that the group could become the target of a takeover was also swirling again. BOE was not immediately available for comment. At midday the stock was 13.7% or 70 cents higher at 580 cents in heavy volume of over seven million shares. BOE is currently trading under a cautionary notice concerning its plans to restructure its non-core assets, which include stakes in RMB Holdings and New Africa Investments Ltd . It said last month that these were at an advanced stage. A banking analyst said that running the numbers showed that BOE’s core banking business was trading on a very low forward price/earnings ratio of around six. “It deserves a higher rating than that,” he said. The names of possible suitors have included high net worth bank, Investec and Nedcor, if its bid for Standard Bank Investment corp proves unsuccessful.