I got in WPP on July 2020, when the share price was around A$0.30
but, I got hard hit from other bank shares as like many other investors did in MArch,
I sold my bank shares at big losses during the last financial year, majorly during June 2020, and moved to WPP in a hope that I can recover better here. I needed to make a decision.
If I just started investing activities this year only after Corona, some can say that 'I am too greedy', but I think I am not, I was down a lot in other bank shares by Corona.
yes, it can be said that after all, for my case, it will be pretty big profit here in a short period time because of the deal,
but, when I was in,
actually I was planning to enjoy %20 dividends over longer term in WPP with the share price going up slightly to the point where it was before the Corona Hit, let's say A$0.60
and decent amount of dividends each year will be much better for me in many ways including tax implications,
WPP Price at posting:
69.5¢ Sentiment: Hold Disclosure: Held
