RE: Payment5 Jan 2019 16:17
Hello Littleaston
I hope that you and your family and everyone else has enjoyed a lovely Xmas and happy new year break. Good to learn that you bagged those shares at such a splendid price. Well done for that! I was also able to bag some in three tranches albeit at 22.83 then 22.73 and then at 22.69. The RDSB share price has certainly been on something of a roller coaster ride, albeit driven by macroeconomics rather than your hypothesis regarding the price on or just after pay day being driven by dividend reinvestment of a tiny group of shareholders. Regression analysis shows this not to be the case - indeed only around 6% of RDS shares are held by PIs. Anyway, good opportunities for all of us with RDSB! I've been investing in Shell since 1998 - I first bought Shell Transport & Trading (predecessor of RSDB) after a sojourn in Lisbon - happy days. I see that you began investing in Shell in 2015. I also loaded up mightily in the dark days of 2015 when the price sank to 13.00-14.00. So, yes, over the years Shell has done me proud and I'm sure that's the case for many other holders on this board.
And I can continue not to hold my breath...GLA