Thanks Anglo26 Feb '22
Nearing two years since Anglo American bailed out Sirius investors with their 5.5p offer. At the time I was nursing losses of c£40,000, with an average of ~20p. Stuck all the takeover money and about 100% more into AAL shares at an average of £12ish. AAL now over £37 a share, so much more than wiped out my SXX losses, and with divis since then of over $5 per share on top.
And every 10 AAL shares got us 1 in TGA last year at £1.20, already worth over £6 and due to pay a divi in May of about 40p, the icing on a well iced cake, especially since I ploughed virtually all last year's divi income into TGA, mostly at around £2-£2.50 a share.
Thanks Anglo, for bailing out Sirius, keeping Woodsmith alive and making me a return of well over 4x my total investments in AAL and TGA.
The $1b a year Woodsmith will bring to AAL's bottom line in a couple of years won't make a huge difference to a company already making $20b pa in profit, but will be nice enough.
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