Hi Ice, Not to sure on what date, but rough guess end of March, but not sure. Unfortunately I sold a bundle at 1.18 and have been waiting for a hopeful drop to about 1.08-1,10 so to buy back in again, but would you believe that they shot UP to 1.222 today. I really thought that they would drop Yesterday to around 1.10 but no. My luck. I still have 30k shares but do not want to sell as I will get clobbered by CGT. Oh well lets see what tomorrow brings. Best of Luck Tom
Ice Hope this helps The 2015 cash return will be increased by £50 million to £250 million, equating to c.7.68 pence per share, subject to shareholder approval. This will be paid in July 2015 in line with the working capital requirements of the business. T
Hi there. given the amount of shares outstanding I am worried we are going to run out of steam much north of 130 given that we are already close to peak time market cap.I dont think a 6%. yield based on a "special " pay out is going to be enough to get us much higher as specials come but can also go. Also look at the NAV/share. I would prefer to see a buy back with a dividend so that it will increase the attarctiveness of eh company to a wider range of investors rather than a magnet for short term "headline" traders bots and otherwise. I like the shares a lot but I think the large number of shares outstanding will prove a drag on future growth. We rescued the company by stumping up the cash when Management were out of options the current situation is imo insufficient reward now economic conditions have improved materially.
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