An On-shore WT costs less to maintain.
An Off-shore WT is subject to more corrosion & the cost is double.
Conclusion: Onshore is more economical
& needs less subsidy from gov ROCs.
Centamin Egypt Limited (TSE:CEE) was upgraded by RBC Capital to an “outperform†rating in a research note issued on Friday, Dec 6.
This VCT must be one of the all time poor performers, ever. They were bought by me at £1 per share, 15 years and 8 months ago.
After tax relief, dividend reinvestments and dividend payments, they have currently cost me 33.86 pence per share.
With the current bid price of 29.5 pence per share, I am still showing a loss of 12.88%, a sum of £864.41 on my original stake of £15000.
If I were to sell now I would receive about £5848 less dealing costs. My financial adviser in 1998 thought it was a good buy and that after 15 years I would sell for about £45000.
IMHO, VCT 's are 'rubbish' so steer well away from them.
I wonder how much money the managers of this VCT have made over 15 years? I bet they have made a profit at my expense.
Yup, I bought recently and I'm under water too. There's nothing you can do, other than ONE of the following: HAVE FAITH or STICK YOUR HEAD BTWN YOUR KNEES AND WHISTLE UP YOUR BARCELONA ...personally not made up my mind which ... any suggestions? GLA
What are those MMs going to open at....apart from "whatever they can get away with" anyone willing to have a guess!