RE: Topped up6 Oct 2022 15:23
Mein Fuhrer, I was fully aware of the xd date, but thanks anyway, it was the low price that attracted me, plus the probability of a further 0.5 p after Dec interims, last year they paid 0.3p twice so hopefully that double up formula will work again.
They certainly have the cash to pay it with, my real worry is that they paid too much for Northern VCT's (most of the old team from Newwcastle have gone hasta la vista, never a good sign) & Northern were great performers in their day but all of that came from MBO's which the new rules have outlawed, hence, I guess, why they wanted to sell.
I noticed that the Northern fund raise last year was a much more leisurely event than some of the more favoured vct's, Amati for instance was closed in a few hours, others in just over a week. That is my only real negative on the company though.