email26 Aug 2016 09:17
If you but today at 9p and the price goes up, and on Tuesday they do not go down, then yes you can. If you but today and they fall during today and more on Tuesday, then you will have to wait until they go up again before you can make a profit. You will not get the 22p being paid to those not holding shares by yesterday (really the day before) and holding them today as well. To make money, you needed to have bought them on or before Thursda. Yesterday was the ex div day and those buying or selling then do not get div. They had to have then by Thursday to get div and have them today which is record day. Hence whey Tuuesday when market opens at 8am, shares will be bought or sold in large volumes. Then it is a time to buy or sell. Buy cheap, sell high. Thats why I said, if you paid 30p or less and they open at 8p, then you break even. If you paid less you win and if you paid more, you lose. That is assuming will open at 8p. I think will open lower as many may have bought for less and will sell to make a profit. Those that paid more, probably will not sell unless they take a loss and do not gamble on the price rising.