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Again the closing balancing trade is almost exactly the same as the daily VWAP and come as no surprise and again the the closing hours a number of punters paid more than would have been the case when intraday the price dropped to below 290p showing a good discount to the value of VWAP at that point

Bubbles59, if you are not happy with the dividend and overall position why don't you sell - it was the previous management that mislead you into believing that an unrealistic dividend (then) could go on being paid in an enterprise that, without serious wok on it, could be sustained. That was then, this is now, and I for one am not *****ing about it now.

...so I bought more at just under 290p given the results published today

Even a slashing of dividend by 30% in this low interest environment still leaves an absolute bargain rate of return on an A rated investment. Those who are expecting an even higher rate are totally unrealistic .

Have the wusses all gone yet? Good results almost exactly in-line with my expectations.

What a lot of wusses. The closing balancing trade priced at 284.3 was just marginally above the daily VWAP (Volume Weighted Average Price) and is exactly what I would have expected in a market where the sane buyers are sticking to a sensible strategy of only ever paying marginally more than the VWAP at any point. My own rule is only buy when the current price during the day is at a discount to VWAP. Greed was driving the prices amateurs were paying (i.e. well above VWAP) during the last few hours , and some traders will have been saying than you very much. The balancing trade was totally acceptable in the circumstances.

... and a few more stop-losses bite the dust - just what the doctor ordered

needed a shake out

Old news and by now well priced in - but hope of lower prices springs eternal and will be taken advantage of, especially crashing stop losses further down the price tree

well, that has got rid of a few more stop-losses - will they never learn, so easy to do!

.. are you sure?

SP dropping rapidly compared with Aviva - perhaps time to switch?

Frying pan and fire come to mind

Another good clear-out

At last, a few more stops being tested

Will be declared a short tomorrow, then a further retreat - and then a further top-up ... roll on!

More like 220s at this rate.

Looks like I might get my wish after all since the buy high sell low brigade are still here

This is doing really well in spite of the circumstances - core holding intact - was looking to fill any gaps in the 260-268 range, but maybe this is at last being recognized as a "least dirty shirt" option out of all the companys that are going to be hit with poor results when next reporting -after all the money has to go somewhere and bonds are even more stretched with the risk of negative interest rates looming.

DOW 1850 off - expect 15-20p off here in the morning