I was very wrong.
My average share price for Centamin is £1 so I’m trying to lower it to below the pound mark
Not sure when but I’m sure it will rise again. I’ve been taking advantage of it hovering around 80p to hoover up more shares, hope to enjoy the dividends while waiting for it to make a nice profit. Not sure what would be a good target price for selling mind you.
Ive seen it up at 100p in the past. My cost average is around 90p.
I could sell around 100p in the future, depending on how the company does or doesn’t do.
I will buy a few more shares later to lower cost average to 80 new pence.
Need to get AISC under control first before any real progress is made on the SP.
I’m underwater on this stock by a fair bit but are optimistic on the above starting to move in the right direction after a difficult year or two. There is also the awarded exploration packages and Doropo project which hopefully will bring value in the future but short term I think it will be volatile!
Recent crypto volatility and rising IR’s I’m hoping will see more value in gold and it’s miners.
was a Dividend due to be paid today?
As far as I’m aware, yes it is. I haven’t received mine yet, but then I normally don’t expect them until the afternoon anyway.
It’s paid in dollars/ cents right so prob afternoon but I’ve sent a query too.
Centamin dividend recieved this afternoon.
My first dividend from Centamin, £43.42 has arrived. Reinvested in United Utilities. It’s a long story but I get an extra £1.14.
Care to share?
In a nutshell, dividend arrived from centamin so reinvested in united utilities because ex-dividend date hadn’t passed, so when I receive my united utilities dividend on the 1st August I reinvest into centamin. After all the sorting out, I gain and still reinvest in both company’s. I did say it is a story, enjoy reading and it is understandable