Yesterday was a big day for the Index. We revealed the mechanics of the long-awaited Share Split, and well, the FI Community were in fine voice.
Before the announcement at 19:00, build up was everywhere, the FI Community continued to speculate on almost everything. The main decision many Traders highlighted was if they should build up their Portfolio before, or wait to capitalise after the announcement.
Helllllllp please. Is it better to top up on my portfolio now? Or wait until after the share split #footballindex
— Jay ⍦ (@Dodger_7) March 18, 2019
Strange how the FI community sway this way and then that. Couple of weeks ago the trend was sell and have a big fat wallet so you can make your moves after the announcement. Now it’s get your money in the players now.I have always been in favour of the latter #FOOTBALLINDEX
— Paul Cluett (@paul_cluett) March 18, 2019
As people speculated, the Market also shifted. We saw marquee footballers continue to rise prior to the announcement. One example being Raheem Sterling (£10.53), as he broke the £10 barrier for the first time on the back of his excellent recent form and growing links to Real Madrid.
Then, the announcement happened.
Dan got the rockets out, and Traders were left to digest the announcement as the Market was suspended for half an hour after the reveal (19:00 – 19:30).
Can I get out the rockets now??
— Dan Nield (@DanN__FI) March 18, 2019
MASSIVE shout out to @FootballIndexUK for today's Share Split announcement!
Hands down the best communication/presentation to date, excellent 👏
And that NEW Dividend table… 🚀🚀🚀 #Footballindex
— Football Index AS (@FootballIndexAS) March 18, 2019
The new and improved Dividend Table.
The 3-for-1 Share Split AND the restructured Dividends left a lot to be analysed, and Traders approved of what they saw.
Must admit, I think the restructured Dividends are incredibly well thought out and @FootballIndexUK have given decent consideration to all areas. There now masses of players that haven't yet risen and offer massive value! Well done guys! #footballindex #getshopping
— Andrew Allen (@AgatelloFI) March 18, 2019
Professional, generous & rewarding to both old/new & all types of traders 🚀
Additonal mention of future promotions aswell all re-emphasise my belief and confidence in the product 👍
Bring on the 26th! 🚀#FICommunity
— Footy-Index-Alex (@index_alex) March 19, 2019
With such a big development, the on-hand video did not go amiss from the FI Community. Traders could easily take-in all the exciting developments going forward on the Index.
Great work @FootballIndexUK – Not only fantastic to see the Dividend increases to eclipse the recent platform growth; but communication delivered with aplomb. (Loved the youtube vid!)
— FI_Scientist (@Jayfrazz) March 18, 2019
And yet there is more to come. As put from CEO Adam Cole, keep an eye out for another announcement on April 15th regarding a series of special promotions across the summer months.
"there are plans for a special Media Dividends payout increase over the summer"
Interesting! More speculation!#FootballIndex
— Keano FI (@keano_FI) March 18, 2019
But for now, we will leave you to react to all things Share Split and restructured Dividends.
Good Morning Traders, how is everyone feeling?
— Football Index (@FootballIndexUK) March 19, 2019
Everything you need to know is right here. The Share Split goes LIVE at 06:00 GMT on 26/03/2019 – Bring it on.