RE: Any info interim.3 Aug 2023 17:37
These shares have just re-rated, the values is probably now spot on, they were too high and it was based on an unsustainable dividend, the U.K. is fxcked anyway and no foreign investors will touch U.K. indexes since brexit so there are no buyers for any of these shares, it’s a poor business, with no dividend, listed on an exchange nobody wants to invest in. Why would you bother? This was the last U.K. share I owned, Dec 2018 sold, unloaded at 312 thank god when analysts had target prices over 4 quid. Bought Msft and alphabet with the proceeds, 68k sterling I had in these, half of which would have been vaporised if I had stayed in, instead I made over 100pc return since then and had usd safety against terminal decline sterling. The moral of this is, sell U.K. buy US. Dividend investing is for muppets, buy growth every time.