RE: Good morning all ...Come On Horsey6 Aug 2021 13:58
Rick i am literally amazed you are writing this stuff on a public forum!!!
Please think before you write.
My divi was a cash payment into my account - a real 9500 pounds of uk sterling just the same as yours was - we both lost out on the shareprice drop - im still in my position as are you - there is absolutely no difference here apart from I understand it.
"Share ownership is owning an asset (share owner owns part of the business). Daily share price movements do not effect level of ownership. Doesn't matter what the market considers that asset to be worth, only matters if an owner decides to sell. However s share owner can decide to hold their asset as long as they like, regardless of the sp before deciding to sell."
You do know a spreadbet can be kept open as long as you want?! There is a small overnight charge but not capital gains tax on sb either - what you said above is true for both spreadbet and share buying - by the way the shares you buy will be in a nominee account more than likely - IE your broker owns them lol