Antony Jenkins claimed to have no knowledge of the Dark Pool's existence. (No really, you do surprise me!) If he really does not know what's going on under his own nose, how come on 30 June he bought £474,998.42 shares @ 214.74p. Tushar Morzaria, Group Finance Director, also bought £374,998.30 @ 214.74p.
I guess that makes it a buy for the rest of us.
Still watching share price creep downwards though, question as usual is... where is the bottom of the Dark Pool? Do we buy in now or wait for upcoming financial report / further Dark Pool developments?
This share price has been decimated by scandals and bad management. If the price were to rise by 10% on Monday morning it would be at just under 229p! A figure that would have been considered a great buying opportunity less than just three weeks ago! The recent high of 262p in early May was 26% above the current share price! Is this bank a basket case? The management need to get their fingers out, not at some meeting at the end of the month, but on Monday morning and pronto. Surely they can see that?
No hard feelings. Actually its the downside of social e-media - little sound bites, often ill considered, sent when it should be put in the top drawer until tomorrow. Nonetheless, we're on the same team. ATB.
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