RE: SP down6 Sep 2022 10:09
the share has recovered imo at 4.50 it is higher than pre covid as it was tanking from £6.0 to this sort of price, I sold a lot yesterday at 4.62, missed the 4.67, but hay ho.
Oil up, FTSE very up BP down, this it the price imo, too many sellers at 4.60. I cashed out 70% of BP the last week.
64% up , low divs at 3.3% is it ? and imo now better places to hold cash and invest, this is not going up 10% now. that would be well over a fiver and still only a 10% rise from now. Energy freeze coming, war will stop and oil will be $65 at some point.
I know a lot of people here call £7 next year but I don't see it in a recession, So i voted with my feet on this one, sad to sell 70% but there you go.
The last div was insulting also.