Here is a question for those more accurate on valuations...8 Dec 2021 08:06
.... because i wouldnt want 1sttime leaping on a small error and ignoring the rest ( like he/she/they/them/ does :) The current sp @ 22p the major fall when you know who sold his share was 18p we are at pretty much the no sale scenario level are we not ? I mean which of our assest lets say the smallest play we have, if sold would not produce a divi in excess of hal;f the current sp of 21/22p ??
Now lets assume another company out there with an sp of 22p produced a minor asset sale that resulted in a divi of lets say half that with more probably to follow. So company X 22p sp same shares in issue aprox, announces a small asset sale that barely dents their portfolio and is paying an 11p dividend with more asset sales to follow.
What would happen to the sp ?
What is the value of a company paying a divi of 50% of the sp ????
Exactly ! the sp is a manipulated joke/fraud by the greedy bigs period,fact period.
If we sold a tiny assest for 500 mil paid 11p divi the sp should be aprox 35p or would be with almost every other company i can think of! All imho and wtfdik
We are trying to sell it all chaps not a teeny tiny slice :) gla