RE: 8% Dividend Yield23 Apr 2023 12:15
Yeah but it makes no sense at all , Us retail investors arent throwing the amounts at this share matching what the institutions are offloading , we wont have any sort of impact on this share at all. Even more so with the company buy backs which are giving institutions and hedge funds their volume to sell off easily , as for every sell the company will buy regardless.
Thats the only dodgy thing i can see here , and has been mentioned before , the company has been effectively shorting itself.
The big positive i have seen recently which has resulted in this swing is that on Thursday the trading volume was only 547k (stated on the FT.com) , as no one was selling anymore and the decline in SP was very small due to lack of movement. This is possibly the turning point.
This whole agency thing paying rampers is a bit of a conspiracy