What a shameful....13 May 2019 14:31
... statistic. Whoever suggested that 'quality' equities beat inflation in the long term.!
No wonder the market, in the form of institutional investors, took not the slightest interest in the appointment of a CEO who has been a long serving participant of this collective failure.
Personally I love the stock ~ casually nip in/out three or so times a year using a yield back-stop of approx. £7.5%/£7.75% (in current market conditions) & hopefully take advantage of the dividend payments.
There is, of course, an inherent risk with this approach but as Richox points out ..... there seems to be ZERO reason to hold AV. if you're looking for sustained capital growth.