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Was around 65p pre bid news, the takeover news probably saved it getting a spanking from negative trading update though. I guess we've seen a gradual decline over a few days which has cushioned this from getting battered today.
Held since 2009/2010 this share has had so many false dawn's. I'm still holding though I hope the dividends yield increases over the next couple years to a point of the share price not mattering so much. I do wonder if the share buy backs cause suppression in share value while they are taking place. Almost like someone shorting the share too get maximum value through the buybacks... Tin foil hat much.
I think £3 will be a while off, I wish it happens I own these at £2.63 but I'm expecting at least 2 years of pain on these. Even if they give a div it will be at reduced levels.
Div funds know the risks and will adjust, hence why you saw the share price at sub 25p during COVID. I don't get your point. I'm saying all shares carry a risk so why you all crying like babies when it doesn't go to plan.
I'm saying **** happens suck it up. Wasn't only banks that cancelled dividends. If you can't handle unexpected things happening then maybe shares aren't for you. Put your money in a savings account. From what I can remember they reinvested back into the share price anyway, so as a lth I'll benefit.
Why are you trading in shares if you can't handle possible volatility due to market conditions. Direct line recently stopped their dividends once they realised they couldn't afford it. You take the rough with the smooth just be glad your investment is still worth something and didn't go to zero wiping you out completely.