The share price should not affect the dividend; it was already set out in the extremely long and tedious prospectus. It would appear most of the institutional players have now decided on their strategy regarding either selling or holding and the majority of movement will now come from PI’s. Imo this is not a share for rapid growth but it will see some, the first indication as to what the markets think will be next Friday. As always, DYOR.
i sold out at 2.72. was disappointed not to get more, but profit is profit and i have better things to do with the money. insitutions seem to have already expressed reasonably clear view what they think it's worth short term (bearing in mind Pis have relatively few shares in this, not pi sales moving the price)
the dividend is very good, and seems well underpinned, so downside from here probably quite limited. a good share to hold still for those happy to be in for income. but little to get excited about growth-wise.
You're dreaming! We can all sit here wishing the SP of all our investments would go up, but do some research and provide some facts. What do you feel the company is doing that would lead to a short term SP rise?
I personally believe once the wind assets are up and running, and vote begging politicians stop trying to capitalise by pretending they care about Old Mrs Jones down the road having to pay more this year than last for her electricity bill, we could see a more stable share price.
If the shareprice continues to fall we will simply get dividends and the ability to reinvest at a much cheaper price.
Or if you dont intend to reinvest/hold, you have the option of bailing out once the dividend is announced and the price climbs heavily.
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