Hi
hope this isn't a dumb question:
just been informed by IG that POLO RESOURCES LTD will be paying a dividend of 3p/share tomorrow and that I should be aware that the SP will probably drop, presumably by 3p? Current SP is 6.36p and I have a stop at 3p (£5 A POINT). What do I do? If it does drop dramatically will it rise again? Should I lower my stop or get out now while the going is good? By the way I have a non-guaranteed stop in place which is why I feel a bit uneasy. Any advice greatly appreciated. Cheers, Big Al
hope this isn't a dumb question:
just been informed by IG that POLO RESOURCES LTD will be paying a dividend of 3p/share tomorrow and that I should be aware that the SP will probably drop, presumably by 3p? Current SP is 6.36p and I have a stop at 3p (£5 A POINT). What do I do? If it does drop dramatically will it rise again? Should I lower my stop or get out now while the going is good? By the way I have a non-guaranteed stop in place which is why I feel a bit uneasy. Any advice greatly appreciated. Cheers, Big Al
