hangon
- 01 Aug 2018 15:05
- 25 of 25
Ooo-er....Down 7% DYOR, Dividend scrapped, sp 150p, despite Fundraising of £700m and disposals of £400m ( but disposal is a zero-gain IMHO, since it reduces the ability to make profits.... otherwise why would anyone buy the Asset? ). New strategy and finance spending . . . no wonder the sp has taken a dive from ~£13 peak mid 2015 ( lowest sp this year May 2018=120p -DYOR ).
It doesn't look good as almost any hiccup will bash the sp - as I'm guessing many Institutions were buying for the regular dividend from managing Government Works, Etc.