RE: RE: Just bought7 Dec 2017 11:14
"Well if we are all going to be millionaires that would suggest each of us would have to own at least 140million shares."
56million shares is 0.296%, just under the 3% TR1 threshold.
1p is £560k
2p is £1.120 million
10p is £5.6million
£1 is £56million
So, it only takes ~2p share price, for the share holding to tip £1milion, which is not very ambitious, if/when leaching is revenue generating.
Who around here is over 3%? Not me, I'm shy, so I don't want to declare TR1.
Nevertheless, I believe the ISA will join the millionaire club, fairly soon.