Probably for the best. Edison have released a note today with forecast profits down 10% next year but that to me looks optimistic given the update last month. Only worth a look-in if the US suspend rates for the near future... cue dollar drop and capital inflows back into Russia.
Dumped my entire holding this morning @ 43.01p as sadly the outlook described in this morning's RNS is not great, and with bargains galore at the moment it is time to reallocate capital. Pity as this still seems a good company but held back by external pressures which, according to RNS, are not yet fully in the financials. Am keeping my pref shares for now as these pay me a tasty 8.7% - at least while the cash lasts.
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