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You do begin to question what news it would take for the SP advance! On a relatively positive market day plus news of another contract this time worth 1 billion and the SP still retreats. Ugh
Just recently had a buyout situation with Hyve which has now completed, the SP was almost continually either higher or at least equal to the offer price.
Johnny, Not really bonkers as Nationwide is a mutual and have members not shareholders so the payment is rewarding members instead of paying dividends which banks do to shareholders.
Don't really understand why the SP goes down most days and is now quite some way from the potential bids (387p & 400p), has anybody got a theory as to why this should be? GLA