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I can't believe why they did not do that at the low share prices sub 250p as well and they could have slipped you a million caddy lol it shows a lack of imagination from the boring board at aviva and tulloch in particular
On the 18th March I wrote on here.
Didn't the board buy back shares at over £5 some time ago? I suggest they do that now with all the cash we have. The price then was £2.32. I stated that if they followed my advice I would expect 5% of the profits.
Hope they saw it an make me a millionaire.
Thanks for your kindness spikey j
You're right karv1. You should have gone to specsavers!
Well done Karv. I'm sure you'll get the opportunity to get back in lower. I'm hanging on a bit longer. I feel there's a bit more to squeeze out of the rise
I sold good luck all I tried to resist but it is up so much over 2 days I could not resists. I should have just stayed away and not looked.
This could turn out to be very shorted sighted of me-time will tell.
I am hoping to get back in if possible.
good luck & stay well, dividend chaser.
I will. Felt that the 220p was a low. To frightened to buy. Wanted to release some ISA funds for this year into AV at 250p. To nervous to buy. Holding a few of these at a higher price and have bought at 230p averaging down. Think this will continue to rise from here. But any dips and I will be topping up through fear of missing out this time.
You are right karv but at least I am back in again and I could have waited forever to get a an exact round figure 259p hopefully that round figure will prevent me trading for a long time as it is a high risk game
.. more to the point, if there is a dip tomorrow, how many will fill in the dips, having missed the climb in the first place
DC You win some you lose some.
11.5 % up in 2 days and highest it has been since the 9th of April.
This rally may continue or if there is a down day tomorrow how many people will cash out there profits.
I am serious eurofox I had the intention to buy back at the 250p level as it normally retraces from the morning rise got worried as the rise continued bought back at exactly 259p about half an hour later cost me 4200pounds but I am very superstitious and happy with the share price ending in a round number I did make about 18k selling and buying back my own shares core holding since March but my last 3 trades on my core holding has seen me losing 16k out of the 18k as the share price moved against me still down about 100k on my core holding think I will give this trading a rest for a while leave it to you experts lol
There's no sound basis for expecting a sustained rise (recovery) that I can see. More likely the markets are driven by irrational exuberance and impatience. But that can be used to make profits.
DC - you can't be serious, this seems to have just broken up from a descending wedge
Sold the lot 62500shares at 253.66
The strategy allatsea seems to be,pull the divi on the pretext of PRA warning thereby causing much further weakening of the SP. The real intention being to buy-back there own shares at an artificially low price,thus being able to cancel far more shares . A brilliant strategy overall even if the tactic of pulling the divi led to short-term pain for loyal shareholders!
So you cut the dividend then announce a share buy back. Anyone explain the strategy? There is a strategy, isn't there? Not just a knee-jerk?