Leeds Group- leading to a capital return

Not quite as bad as it seems?

CHESIL356 - 1 Oct'03 - 22:02 - 105 of 115 edit


Just to expand a bit on what langland said as i see it.If an investor was to have bought back in may at 35p and held the share they would have recieved a special dividend of 13p for every share they owned .After the special divedend was paid the share price would have been reduced imediatly(as it did)to reflect the new value of the company so to get a fair comparrission between now and then you need to add 13p to todays price, to not do so is mis-leading.IMO