well i hovered over the 'sell' button. this has been and continues to be a dreadful investment in my portfolio. my wife received some freebies donkeys ago, reinvested all the dividends and the value would have probably covered a bloody good holiday at its peak. 2 nights in s****horpe currently. disappointing.
I've been at this posh gambling (my name for it) caper for 25 years plus. I can't honestly recall or see any benefits in buy backs. I absolutely understand the thinking behind it but if anyone can point me to any successful buy backs please do. A friend has 80000 shares in Aviva and whilst he's wealthy enough to stand any pain, I've warned him about the buy back syndrome.
Can't argue with you. A hugely disappointing investment for me, my current holding was bought at 292p. I've made a few quid buying and selling them but coppers relatively speaking.