12 Months ago £10000 would have bought you 969 shares as on that day they wer £10.32 each.
Today those shares are worth £7.71 so you will have lost £2.61 on each, a total loss of £2529.07
12 Months ago £10000 would have bought you 969 shares as on that day they wer £10.32 each.
Today those shares are worth £7.71 so you will have lost £2.61 on each, a total loss of £2529.07
This closed at £2.77 on Wednesday Night. It is now £ 2.64 i.e. it has dropped 13p.
The Dividend is 8.35p.
I wish I had sold and bought back today!
Any idea's as to why the drop?
1) It hit £2.20 last year - see info on this site -
2) if it does so again it will be a 17% capital gain on today's price
3)It will be paying a 2p dividend
AND there has been a recession over the past 5 years but it still grew from 60 p - 200% !
Whilst the need for Industrial diamonds must have decreased due to the global downturn in industry
Patience may be needed & rewarded for long term investors
Bought in yesterday having watched for a month. Medium term looks good but the whole markets are in yo yo mood at the moment. Still believeit's a good one to tuck away.