I've been topping up on the way down- decided my last tranche will be 80p. What do we have here exactly? Woodford said the spectrum company alone was worth more than 160p per share. Why is the company so quiet at these levels? Thoughts appreciated!
I got 70p on the open - seemed like an attractive point to get out - been a long term holder but not in the mood for yet another 'recovery' play after PFG, PFC, ...
Good luck all
Oh great!
So who got tipped off yesterday causing the 5% drop?
Blaming the Rand strength. Really? It's the same level as 2015, since then it's seen considerable weakness.
Expect sub 60p when market opens.
I don't think there's any question about this - the divi will be up 10% yes or yes.
Currently looking at forecasts for 2020 of:
Earnings yield: 10%
FCF yield: 14%
Dividend yield: 9.2%