| Weekly Change | |||
| Portfolio cost | £30,260.37 | +£646.95 | |
| Portfolio value (share price) | £28,302.00 | (-£1,852.11) | +£592.20 |
| Portfolio sell value (bid price - commission) | £27,340.90 | (-£2,919.47) | +£578.54 |
| Dividends | £135.38 | +£3.84 | |
| Profit from sales | £342.88 | +£0 | |
| Overall profit | -£2,441.22 | -£64.58 | |
| (Portfolio sale-cost+dividends+profit from sales) |
Note the sneaky increase in portfolio value. This was caused by my desire to get it to £30K and the fact I couldn't resist topping up on JLP:Jubilee Platinum while they were cheap. I got another 20,000 to add to my existing 15,000 and paid 3.175p for a total of £646.95. My original lot were bought for 3.71p so are losing £92 but the new ones are only down £8.90 of the commission so are doing ok. I still believe when Jubilee start production they will make big profits, as even with platinum prices falling, they can produce it so cheap.
As it happened I chose the wrong mine to top up. WRES:W Resources went through the roof after they had the permission to mine granted. That was losing 54% and yesterday was up 13% with £25 profit. It dropped 11% today as people sold out, so back down to 2% increase and losing £22 commission. Once they start producing it could gain a few pence. As 1p would be worth £600 I'm still hopeful.
Back to the review, and although adding £646 to the portfolio it's only up by £578 which isn't great. Overall I'm down by £64 this week, which given I was down £700 Tuesday evening is a bit of a relief. So much for getting below the £2,000 loss. Not sure if I'll get that ambition as a Christmas present...
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