HouseDog Posted January 30, 2012 Share Posted January 30, 2012 I don't trade but can someone explain in numpty terms what's happened to Car Phone Warehouse PLC. I've looked online for any news stories but can't find any reason for the share price to have dropped by 49% http://www.google.co.uk/finance?client=ob&q=LON:CPW Quote Link to comment Share on other sites More sharing options...
up2late Posted January 30, 2012 Share Posted January 30, 2012 I don't trade but can someone explain in numpty terms what's happened to Car Phone Warehouse PLC. I've looked online for any news stories but can't find any reason for the share price to have dropped by 49% http://www.google.co.uk/finance?client=ob&q=LON:CPW They just paid a 172p dividend per share so it's an extreme example of a share going "ex-div". The dividend payment has lowered the value of the company so the share price falls by a similar amount. Quote Link to comment Share on other sites More sharing options...
levoleurdefruits Posted January 30, 2012 Share Posted January 30, 2012 often you can get some info from the discussions at iii.co.uk in this case http://www.iii.co.uk/investment/detail?type=&code=cotn%3ACPW.L&it=le&display=discussion Quote Link to comment Share on other sites More sharing options...
HouseDog Posted January 30, 2012 Author Share Posted January 30, 2012 Thanks for the explanation and info guys. Quote Link to comment Share on other sites More sharing options...
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