RE: BT pension scheme1 Oct 2022 19:27
To say the strikes had no effect on the share price is a deluded and biased position to take. It had some effect on the share price decline but not solely to do with it now being 121p. Just one of a few factors.
It isn’t the strikes themselves that are impacting, it is the market not knowing where the dispute will end or how. You can say workers will give up, some might. But many won’t. So if it isn’t resolved, it will go on.
The market knows this , the union knows this, BT knows this. Just a few biased people in here who don’t want to know and shoot anyone down for suggesting anything pro union.
All that said, I bought a further £1000 at 121, and if it goes lower from here I will buy more and more as it goes.