That's false news RogerD. Funding is not dependent on the sale, it's based on restructuring development. At no point does it is say dependent on any sale, if I were you I'd not read the news articles and instead read official releases from the company, that way you wont make such amateur mistakes in interpretation.
Personally I buy in tranches. Bought a tranch today, and will pick more up over coming weeks/months. Average in within a range, that way not exposed to any particular daily moves.
I despise the fool. They constantly use articles on other companies to hype up the other stocks they hold to ramp them. They do a weekly why I wouldn't buy Royal Mail but I'd buy this company instead report, they are ridiculous.
What we need is more shorters. That way the short squeeze is even more intense. Can't imagine there's many people willing to short given the recovery trend, recipe to lose money hand over fist at the moment.
Probably have CITI come out soon and say, after serious consideration we revise our view to hold, price target 40p. Bunch of utter corrupt muppets those boys.
Shorters have been too lucky lately with some of the names that have gone under, became too cocky. It's time they learnt how much can be lost when they get it wrong.
Let him have his view Graham. After all we need someone to be willing to sell shares for us to be able to buy them, so he's doing us all a favour right now.
Fair enough. I don't really trust board comments on high divis lately given whats gone on in VOD, RMG, CNA etc. Don't see it being 10% myself when it comes around. Still a decent price though.
I don't see how they can pay 3p for the next interim if they just cut the final to 1p. Maybe I'm missing something there but find that hard to believe. I know last year was cut to 4p total, but forward looking if the last final was 1p I dont see a 4p full year divi for 19/20.
Its not 8p per share divi though is it. The final was 1p, and the interim is usually half that. That's a 3.3% divi, which hardly sets the world alight.