BluePete, not much has changed for me in the last 4 years. Funnily enough, ever since BT has acquired EE, the price has dropped. Don't need 5 pounds personally (obviously I'd take it) but it has comfortably sat at 3 quid previously when fundamentals seemed to be similar to what they are now. Accountancy scandal didn't help but if everyone is happy to hold, then at some point they will rise to the numbers we need. Last November, the price rose to nearly 270p for no real reason. Ex div on Xmas eve, sit and wait and collect the divs.