RE: Will VOD do a RR1 Dec 2023 16:55
Thanks fleccy & sorry but you are just stating the blindingly obvious, that is, if the sp falls you can get more shares for your money, you don't need a chart. I feel that it is folly to buy high divi shares just to re invest, what is the point of receiving the divi if you are just going pay it all back in again with all the costs involved. If vod paid no divi & just kept the money , you might be better off than receiving the divi but then pay it back in. At the end of the day, a fall in the sp is only good if you can guarantee it will recover to the original price. No such guarantee excists of course & vods sp has in the past done the exact opposite. But of course that may change, so it is just a gamble. We are just chasing our losses, but I think the sp will rise, so I am not selling. But of course I could be wrong. Anyway mate, your latest buy is showing a small profit so far, so good luck with that.