RE: SP Drop27 Mar 2025 15:50
CarpeDiem1 - No CGT if done in an ISA.
If selling and buying with £20k ...its worth something.
If I had chosen to buyback the same number of shares at £2.035 today (rather than setting a buy order at 197p), I would bag just over £1300.
Whilst you and some on this board would say "why bother", but this gamble enabled me to acquire this dividend and then some, today and not wait until May 2025. I get the dividend now to spend as I please rather wait some weeks.
If I sold yesterday at 218.45p and I bought back today at 203.5p, that's more than fractions of a penny, even after selling and buying fees + SD.
(This strategy is not worth it if talking about a holding of say £1000 in MNG.)