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Was it just me who expected the dividend to be about 60p. It was at 110p previously when the share price was around 3,000p. So it's only logical if the share price has halved the dividend would do similar.
Personally, I'm not too fussed as I'm in this for the next 20/30 years and in the long term I see the business remaining strong and the housing market getting back on track within the next 2 to 3 years.
What platform are you guys buying shares on? My Halifax account can't find the company.
I agree, it's hard to put a sell price on it. Do you sell now at a profit or hang on for a few years to see it mature into what hopefully becomes a sustainable dividend paying business. I personally don't need the money so am happy to leave it in for the long haul and enjoy the ride. Fingerscrossed!
What are peoples thoughts on when this will gain some traction? I've been in for about 2 years now with an average around 2p. In that time there have been a few steps forward but I still feel we are another year or 2 away from lift off with the SP likely to stay around this level or potential drift further.