RE: Special Divi/Consolidation14 Feb 2021 18:04
Hi all. This is jus my stupid view but before shares were consolidated they would have issued a full year div of say 10 p so shares at £2.40 that is a 4.16 % return but after the consolidation there will be less shares in issue so the full year div should rise to say 11.5 p so i can't see how the shares can open at around £1.90 as this would mean a return of around 6% so the she price has to be a lot higher. I would def be filing my boots at £1.90 or even a bit higher to add to my holding. Am I right with my calculations ? I welcome your views