This is a really interesting discussion and I must admit it is the first concrete idea apart from investing directly in FTSE companies that has been properly tabled, so thanks very much to our pending new member Stiofan for suggesting and starting the debate
Thoughts from me:
- if we are looking for a different type of income generator but nothing fancy or with the expectation of a massive price gain then this could be quite an interesting opportunity that will diversify our portfolio yet further
- i wonder how much the compulsory issuing of new shares dilutes the "value" of the share returns?
- I wonder, like mike, if this is "exciting" enough for us - not in a penny share kind of exciting but seeing the ebb and flow of the price as it rises/falls and, therefore, the potential for profitable exit as well as income
- that big drop on the DRUM share price worries me greatly, which makes choosing the right one very important, again as mike has suggested