Should reach 230p tomorrow1 May 2024 11:18
PRetty sure the FED will hold rates at 7pm UK time (decision quite unanimous) and the commentary will be that inflation is still stubborn there, especially given recent numbers. No clarity on when the FED will drop rates, raising doubt over a 25bps cut this year.
Stocks will tank there, and then tomorrow FTSE will follow suit.....
If it transpires, then I get a full year's worth of dividend (after commission and stamp duty) having sold my LGEN holding for 251p a few days before exdiv......
Let's see if I get this right. (BTW...I tend to miss out on further drops after I purchase shares, so anyone waiting in the wings to buy...... I'd wait until after I purchase......and you'll get a better price based on track record.....:))) )