Been posting on another site but I will repeat here a bit of speculation on my part:
Given that the purpose of the share capital reduction in 2014 was to open the way to future dividends, one can imagine that an initial dividend of,say, 0.5p per share could just be in the offing with the finals to be announced in March 17? That would cost around £175k out of distributable reserves of circa £4M and give an initial divi yield of 2.5% at current prices. I can imagine that would light… Read More
I actually came from another painful route, but my capital depreciation was not as bad as those suffered by Screen.
I was a longstanding holder of WTH, and watched in frustration as the NAV eroded year after year. I actually came out of the reverse takeover very favourably, and managed to sell quite a few on the intra-day spike that took them up to 26p nearly three years ago. I subsequently bought some back when they went sub 10p. I started drip feeding them out from 14.5p, and have roughly… Read More
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