The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I am not one of the largest shareholders, so they did not ask my opinion :) , but I am easy on this matter. If woke still rules, then the split companies can do better separately, and I will hold both, but I would prefer one conglomerate.
There is no excuse for laziness. You could read results RNSs available on this web site; you could look at RIO's web site. If you cannot be bothered to do these things you should not be investing.
All this fuss with AAL and BHP - there's a lot to be said for iron as well, and don't forget RIO is more than just iron with exciting newer prospects in various places. Hold all 3 forever and pile in what you can.
@ drfiter : "have just calculated my dividend (72c)payout versus what was paid and yes it’s 30% less"
30% less than what? 72 US cents was the full dividend with no WHT and that equates to GBP 0.562983 at the prevailing conversion rate (as in the RNS) and that is what I received in the UK.
Yes, me too. It does seem too big a drop given that AAL will refuse. I hope.
If you reinvested in London, yes, no matter where the original shares were bought, dividends from the new shares will not have WHT.
"Operational" and "strategic" challenges. I would say having no workers, no money, and no equipment is a serious operational challenge. But I cannot see a strategic challenge, the only strategy is in future to avoid any companies with these people like the plague.
And still falling. I sold all (NOT at peak) yesterday intending to avoid the WHT to buy back today, but it seems too early to get back in. I will be watching this, as I believe it is still a good share to be in, but not to buy until a trough has bottomed. I expect I will get the timing wrong on that, as well.
They bought a bundle (pushing the share price up) to give away later, so the net effect of that is to destroy the cash assets and lower the company value and share price - yes? Might not be a good time to buy tomorrow, this could be dropping more than the dividend value.
Dragon, I reckon the locker has lots more. Look where this was a couple of years ago, and reflect that (a) inflation has occurred (b) half the mines have NOT collapsed, exhausted, or been sold off (c) demand will not disappear long term. Fundamentally this company is worth owning.
@ picax : you can't keep out of the markets, your money needs to be somewhere and markets beat mattresses. While I sympathise as a fellow loser on this one, I don't think you need deep knowledge to invest in any sector you believe will flourish, but I too will not be putting money into AIM again. BBs are useful, and I have gained more understanding of a business by reading them. The trap is to get emotionally involved, but BBs on large or mid cap companies can never affect the share price, as it does in AIM.