Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I sold 25% of a large holding on news on Tuesday am, and should have sold it all. Not because the new merged company is a bad prospect, but because it isn’t what I invested in. It changes the balance of my portfolio and therefore I will look at alternatives to replace what Hony was, not what it will be. Having said that the dividend is brilliant at this price and seems secure.
OandW, there is no withholding tax for uk residents.
Buys = sells , always. The price is set by the marginal trade on the order book, ie the price participants are prepared to trade at. This is clearer if you watch the order book, or trade on the order book, ie buy on the bid and sell on the offer.
It’s worth talking to your broker about bed and isa, some brokers will reduce trade fees either in part or in full.
Also if you DIY, consider spreading your holdings over several brokers to reduce risk of business failure.
Paul, obviously you can be either lucky or unlucky with the 4/5 day timing difference, I have avoided this in the past by “borrowing” say £20k cash from another deposit account so that I sell in the bed account and buy simultaneously in the ISA account , then when the sell settles and cash transfers back to you, then replace your cash deposit. I have tried to minimise the loss on the bid/offer spread by using level 2 to time the buy and the sell to my advantage, but obviously there is some risk in doing this. Alternatively if your bed and isa accounts are with the same broker, some brokers will sell and buy back in the ISA simultaneously with little or no spread and without waiting for the sell to settle.
I wouldn’t get too distracted by ex div dates, again it’s just luck whether the price falls slightly more or slightly less than the dividend. You might however consider ex div dates for tax reasons if beneficial to you, ie do you prefer the capital gain or the dividend in your bed account before you sell and buy back in the ISA.
Alternatively don’t worry about selling and buying back simultaneously or about ex div dates, just sell when you think the market or that stock is up, and buy back later when the market or share dips or corrects at some point.
All IMO.
Pete, yes I like the level 2 data on this site, I’m not being paid to say so, but I’m signed up to it and have been for about 5 years. I don’t have many comparatives but it’s better than IG. On LSE you see the full depth of the order book, and on the same page you see the trades going through simultaneously. Tbh, once you’ve had level 2, there’s no going back, you can’t imagine trading without it, it’s like opening your eyes seeing the light.
Nick, on the order book you can see somebody continually placing offers that are the same as the top bid, which then forces the top bid off the order book and hence the bid and offer prices both fall continually, over several days now.
For any share traded on SETS, not SETSqx
What really clarifies it is when you trade on the order book, ie you buy by placing a bid on the order book, and then someone sells against your bid. And vice versa, you can sell on the offer. Anyone can do it with the right broker, I do it sometimes where there is a large spread.
You bought them and someone sold them to you, All trades are buys and sells so the buy/ sell coding on London south east is irrelevant and misleading, better if they just called them what they are, ie trades.