RE: Sp and dividend12 Jan 2021 13:26
Yes well aware of the SD , ( if you sell now you’ve bagged it before the share consolidation shenanigans as well) they have asset stripped basically so if you had £50 in your wallet and gave away £10 your wallet is now worth £40 not £50 . So as you know with 11k of posts the share will not stay at £2:50 but will fall to £2 as a result , the other thing to bear in mind is you pay tax on dividends over £2k unless in an isa, I did have just over 20,000 shares but have sold nearly 15k at roughly 230p , I have another 4,000 coming in feb 1st through saye , and another 6000 in the pipeline plus I buy £100 every month through buy as you earn to save tax , so Ive just diversified away from a boring share . Currently I’m ahead in profit if I left it in Tesco’s.
Any way gains giving back here but I expect to fly come the summer and believe these could be back to £25 by year end .