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I don't understand the last few posts The sp is doing well...it's stable. It's only 14p from its highest...so why all this fuss? I look forward to the results next month. Will see £5 by September...
Re: bt drop
The drop in sp had more to do with EE than with BT itself imo. The drop coincided with the announcement of the exposure of EE to Phones4U which saw it drop all the way to the 430s. The recovery has coincided with the release that unsecured creditors will only recover £0.04 of every £1 from EE (now BT). This will mean that unpaid VAT etc will be written off. The results will be released on 7th May. It is still a question in my mind whether to hold and wait for the results or sell in advance of the election. I mean just look @ how crazy the politicians are acting and we still have 3 weeks to go
RE: bt drop
both bt and itv seem good shares to own why not spread your investment between both.
Surely this can't affect the sp much as the shares are immediately bought back.
Maybe "Bed and ISA"
You can't be serious. The sp hit 4.70 briefly which was a 15 year high. Prior to that through most of last year the sp was struggling between 3.50-3.70. I would say stabilising at 4.50ish which is a 30% increase in a fairly short space of time is a decent result. The sp will climb but a little bit of patience reqd.the markets have absorbed all the good news so the next thing to drive the sp forward will be a decent set of results imo.
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