Post by aju on Dec 6, 2019 14:28:23 GMT
Not being in the market to sell these divi lucrative shares I'm never too sure what prices are and why they move one way or the other. There will clearly be an effect if Mr McD and his mate are elected in or form the next govt but quite how they will effectively sell off openreach independently may be an interesting ask.
Not increasing but is their share price higher than it would have been if their dividends were lower or erratic?
From what I can remember of back in the day the shares were sitting at £15 or so but sadly by the time I got through to a broker to sell them they had dropped to £11 which was not such a good move. When they sold O2 to the telefonica we clearly lost some shares - we were paid for them at not a bad rate - I seem to remember we got a vote on whether the sale should go ahead but not sure what the boys in red would do - I'm guessing though that the shares will dip on day 1 but then the wrangling would take place and the shares would bolster depending of what deals took place. Personally I would rather see them stay in my hands but its never as simple as that.
As I was an employee at the time and had a number of discounted and free share opportunities but even at todays rate they are not as valuable as some of the shares were at the time they were given. I do remember a CEO at one time was never really interested in the markets as much as they seem to have become over the last 10/15 years but from watching the board purchases and options etc there are quite a few rich people amongst them by most peoples standards.