RE: no more special divvies please6 Jul 2017 20:09
Good luck with the investment club by the way, sounds interesting. I have noted a few groans regarding losing out on the deal but no one has specified actual buy dates n prices just that "I've lost out" comments. If you bought higher than the deal price then yes you have lost out but some seem not to understand how it all worked and its not just the return of capital. The buyback, which is at least buying more cheaper, should add to the longer term.
The fall in share prices has been matched by other utilities over the same period as we came off market highs and political comments were absorbed, nowt to do with the special, just look at PNN.
Hopefully there will be several savvy heads in your club who will extort the virtues of adding some more NG. at some time. After all they have more of the gas to sell and some of the value will out. In time I suspect those losses will be swallowed up and "we" can all celebrate.