16m paid out at last update, so thats tracking inside expections and was early doors. Im not sure how high things are now but id say below the redress set figures, but who knows? Im in to CPP now and feel a bit more relaxed about this risky play, just need to see a clear path forward.
The company has set aside nearly £70m for the compensation bill. More than £16m has been paid out so far after policyholders were invited to make claims. This article was dated May and people only gave until the end of August to make a claim so surely the payout bill won't be a big as thought?
30p+ would be a nice multi bagger.
Pass the redress
Morning guys, pass the redress keep it under the Guide figure, keep the number of cancelations down and bingo, way paat 30p same day as the RNS.
They sure did... until the PPI / card protection scams hit the headlines, then it dropped!!! With the redress complete then hopefully we should start to see a return to the glory days, albeit there are a few hurdles to get over first! Getting through the redress next month is of course the first but if you're in now, you should have a bargain on your hands!!
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