The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
after the disposal of medical division.
more good companies are bought into private. soon will need to worry out the portfolio of holdings.
according to the interim results, the foreseeable ordinary share dividend is £500M for a 3p per share div.
but 3p per share only cost £364m back in December.
what happened? any idea?
Ignore the initial loss part, the position differs for each individual.
No. If you hold shares on 25TH, WHEN market opens on 26th, you will get a set of shares which has the same cost of your old shares, but with 90% of old holdings. You will also qualify for 15P per share per your original holdings.
In theory, the closing price on 25th will be the Openning price of your new share on 26th. Your holding will show at a loss right away, the amount of initial loss equals to the dividend you will receive.
Hopefully SP will keep climbing from there on the assumption that a lot of investors are on stand by awaiting share consolidation to pass.
although i started trading RR after the right issue based on the belief that RR is the crown jewl of british engineering, unfortunately it has become a high risk growth stock. the aviation industry may never grow much beyond the pre-pandemc scale, or could transform into something that RR is reduced to one of players.
and dividend is out of the window.
Thanks folks. have added some POLY
Not sure which one to pick as one of holdings. Any idea?
Would any santion on Russia affect POLY?
Thanks