RE: Shares Magazine feature today6 Apr 2021 10:02
adv11, "Raise cash to pay dividends.". Can you explain what you mean? Do you have any evidence for this?
My first slight concern with this is the longer-term yields on some of these investments. The returns look amazing at this stage, which is presumably why the company keeps asking for money so they can keep buying them up, but will it last? Surely other players will want a slice of the pie and competition could increase?
The second is having to use the PrimaryBid app to buy more shares. This seems to be a feature of all PrimaryBid offers these days, and presumably precludes brokers from making bids on our behalf? I'm going to wait a few days this time though, I'd already applied through PrimaryBid last time before my broker invited me to apply through them.
First cash call at above £1.00, bodes well for capital growth in the future. I'm hoping to see 8p in dividends by next year, based on the additional capacity being added. All in all, very positive about this. Forms a significant part of my income generation going forward.