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Or it could be an rns after hours on wednesday stating a delay giving UFO staff time to get out for a drop and NT trades the following day. Just to add another realisation of what coulld happen.
Shorts are closing on most of the builders and Psn is adding more and more houses into the christmas hand over period. I think they are aiming to push over their 9500 target to get the share up but we wont know until next year when they give an rns about updated progress.
Unless something drastic happens I think we have seen psn's low and it will be a zig zag around this priice until something really moves the share. even at this price in the long run its still a good price.
the first time i bought a psn share was after the brexit vote for £12 and I bought 398 and within three years I sold most of them for £13k justt before everything got mental due to covid. If the same can happen within the next few year?
Not to be a doom monger but I would prefer there was nothing mentioned and they do it next year as I want to get a lot more shares at a lower price.
Last dividend was 20p and if persimmon build the number of houses they say I think the next dividend will be 40p. Making 60p for the year but the next dividend could also be lower than I’m expecting?
Do UFO have the expertise to move from an explorer into a miner or will they just have to contract everything out and suffer the extra pricing costs associated with contractor quotes?