Friday, 7 August 2009

Purchase 05 Aug 2009

BP Plc $0.25 @ 500.7250

British Petroleum joined the FT30 Index in March 1977, replacing Cavenham Control which left the UK, and was added to the Mitre Investment Club Portfolio in April 2007. It remains in the Mitre Investment Club Portfolio due to Div Yield of 9.0 in April 2009.

The reason for purchase: Mitre Investment Club lowest value stock.

Club History for British Petroleum

#3 – Buy 200909 @ 500.74 [to-date :Gain 7.10%]
#2 – Sell [40% of holding] 200904 @ 465.30
#1 - Buy 200704 @ 552.80 [to-date : Loss -2.98%]

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