Still the same number of shares out there, though. Whether they are held by HMG or the public doesn't/won't add to any constraints. I'm thinking - IPO imminent (or atleast the RNS to that effect) - which is why the SP is hogging not too far off the original "IPO" of 75p I can't see investors wanting an SP too far removed from the original offer price all those months ago, can you? Nothing much has changed for that to happen. This SP is massively "pregnant" - what we need now is something to speed up the delivery!!! What more can the world throw at Mrs Lloyd and her condition: Red Ed's comments PPI misdemeanours FED tapering LIBOR connotations Irish Tax action query by HMRC The bank moving to England if Scotland goes indy. Ukraine!
Perleeeeze give us a break guys...........................
It looks like a DIVI announcement will coincide with a government sale of some of its holding. However, when HMG’s disposal is complete, there will be nearly 50% more LLOY shares available in the public domain than there are now.
Presumably this will put a constraint on future LLOY price increases, at least in the short to medium term. I don’t know, but I do wonder if pragmatically we may be stuck in this 80-82 range for quite a while as the sale event could well impact the rising channel which has been in place since end November 2011.
the application will be sorted soon, and of course it will push the s.p. up as the government price for their sell off will make them cash and good propoganda for institutional buy. This of course we all will like if we are holders. No matter how small the divi payment it is a start and will increase - i expect that to be part of the RNS released that LLOY will step up divi rates within the end off this trading year (i.e. feb 2015) will be first increase.
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