Sub 70p certainly looks a distinct possibility, we have a ceiling of about 74 irrespective of FTSE status. Therefore, it is entirely possible that two or three poor days in the market will see this in the sixties.
If it happens it will present a serious buying opportunity because the market appears to have this share all wrong.
Asperger1: If Mr Osborne is a wise man, which I believe he is, he is likely to distance himself from LLOY as much as possible. Mr Cable had enough trying to do his best with Royal Mail privatisation.My guess is from now Mr Osborne will give a much lower priority to LLOY , I believe he had enough ! Talking sarcastically, the board has achieved it's bonus target!,Can't blame them, it the universal factor called greed that is ruling the globe ( me included!) IMHO From now there will be less turbulence in LLOY. Share price GL
"vague talk about the Div from the Board" is so indicative of how Lloyds is currently restricted/controlled by HMG,
Given the strength of the case Lloyds is able to present to the PRA and the fact that HMG had planned a public offer in the autumn I think it would be very obvious if political pressure was now applied to delay the divi till after the election
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