Re where are we going now5 Jun 2018 20:55
To be honest I haven’t a clue which way this will go, short or longer term. There is money to be made trading this, even intraday ( as no stamp duty paid ) but was shocked to see this drop today, so near ex div date and near to both its 1 year and 5 year low.
The dividend will be much appreciated especially to the longer term holders, but I would not be as surprised to see this at £13 sooner than shocked to see it around the £10.50 mark.