Share plunge28 Feb 2020 14:35
Hopefully an end of day bounce for you. I’ve had nothing through the post yet so have not made a decision and to be honest was going to hold on to the 270plus area for a sale of 5ks worth to keep the wife off my back.. really good analysis of the share from “simply Wall Street” which have the shares at fair value at £3.81! We shall see.
Alternatively if you get out at 225 level and the shares continue downward to £2.00 by the time you get your cash, simply buy thesame amount of shares back(( going on a £500 saye you’ll pocket £45k at 225 for20,000shares ,buy them back at £2 will cost £40k and pocket the odd 5k) if you have conviction they will climb back up to 250 level ,
Bought £400 of BT in the end at 138p seeing as the dividend is nearly 11% although that is under threat this or next year,but I’ll leave it there to compound for the kids university fund!