Member Info for Mandrill

Fewer shares in issue concentrates the price.

Well we've hit 60.
Yield dropping as sp climbs but still good.
By rights this should be back in mid 70s by April.

snaggle - you mean the 71.88k buy? Anyway, someone is confident.
Not sure if the recent fall is down to the rope issue which is trivial in the scheme of things, but I'm hovering on the buy button again.

Ian - what are getting at exactly about a sell?

Pokerchips must be an investor for other peoples' benefit then I guess.

If it drops below about 127 then we have a reversal from the recent little uptrend. I bought at 127 so it stands to reason it'll drop below that. Sorry everyone.

Because it can.

If you put a minus sign in front of it then Yes.

My broker delays any dividend reinvestments so hoping for a drop over the next few days. Surely that's a hope that will get fulfilled!

Vodafone has the the most stupid business strategy imaginable. Borrow more and go for broke - literally. The covenant of creating shareholder value perrenially breached.

Let's see if this little rally continues. It makes sense, since I plumped for 888 instead - which is now falling.

Always do the opposite of what the Fools say, although they contradict each other all the time. Waste of space their commentary.

Anyway, took a gamble on this which is what it is.

We still seem to have large sells yet the sp holds. Odd.

NT sold at 182 according to his blog.

I switched off auto-reinvest last time and am debating with myself whether to this time as well. Can't see anything to turn the decline around.

I think it'll rise until monday/tues and drop back after all of us mugs have reinvested the dividend.
Why wouldn't the MMs do that?

Guardian claims Vod is the most complained about provider.
They have ways of stinging you for things like unlocking - but only after you've used and paid for a certain amount of data.
Unsurprisingly people will move to cheaper deals.

and we all know how well analyst ratings stack up against actuality don't we

Expect a rise to next week, whence reinvestments will hit a spike, followed by a further decline. Thus we all suffer further overall losses.
My guess is 90p by April/May.
Cannot see any realistic hope of return to £2 or the 9%+ dividend being sustained. Nothing lasts with a dividend much above 6%. Market simply won't allow it.

Betting it will rise to payment date (7th Feb) when many will reinvest automatically. It will then retreat. Thus, we are worse off.

In other words, decrease output?

The world seems to be hostile to gambling firms.

Looking at the recent trading period it looks like there's short-term trading going on. Buying the dips and selling any slight rally.

If the sp and the dividend stays flat then in 3 years with reinvestment we're up about 28%. In 5 years 50%.

So the sp would have to drop a lot to be in the red after that time, especially since the more it drops the more reinvested shares you get.

So for that reason, I'm not out.