RE: Block Listing of New Shares RNS9 Dec 2022 00:52
JFCC
'' ready to start endless pointless arguments''
JFCC
08 Dec 2022 16:13
''Livestock,
Take this little pearl of insanity "Most sensible shareholders over a period of time should aim to do so.
I may start a new investment with 20,000 shares and along the way purchase another 20,000 then another then another etc etc, thereby increasing my percentage ownership"
In IBB's "mind", when something happens because of something else, immediately that something can be anything from the cuase to the reason of a thing, however tangential the logical relationship is. Presumably another aim of his is to reduce his bank balance since that also happens when you spend money on shares. Or to increase the number of trades you have done that year.
No one gives a seconds thought to what percentage of a FTSE company they own when they buy shares as a retail investor, because the miniscule figures involved are in effect meaningless as regards an investors net worth . All that matterss to retail investors are dividends and the share price.
Save perhaps IBB of course who might treasure the fact that buying another 20,000 shares will increase his ownership of the company by around 0.000026%.''