For the record I won't be voting for independence but I've heard the banking thing thrown into the argument before but interesting not when RBS were the one of the biggest banks in the world and generating record profits. The taxes on profits were paid to the UK government in the past and the financial meltdown occurred under the watch of the UK government so I'm not sure how an independent Scotland (it won;t happen anyway!) should just be saddled with the debt/ bailout part of the equation only!! Apologies if you're question wasn't to Chappi wasn't a loaded one!
Honest, if an independent Scotland is to be fully responsible for the Scottish banks then will Scotland also receive a back payment for all the corporation tax/ income tax paid and generated for all the years prior to the financial collapse or is it just the negatives we get to keep?
Or will they just want responsibility for income earning assets interestingly they I think would have to apply to join the eec and probably go into euro for better or worse because presumably as independent they would not want to be dependant on an English pound
An interesting week for sure. In order to push forward we really need DECC and RBL & FI/FO news. Question is will we get it before the years out ?. If not a T/O will do me before the years out. Or are we destined to be kept in the dark for the foreseeable ?
Not much bothered about the short term & would add on any dip. I only mentioned it to edhead to warn there is still some downside risk as well as a massive reward to play for.
The Statoil announcement this week is really interesting, we'll see how it plays out. I won't be comfortable about sp games while the Global overhang is still in place. I'm sure it deters ii activity & the pi's have been pawns in the hedge fund/spreadbetter games.
Real news could blow all that away in an instant, let's see what the next week brings.
Thanks for the advice but I think I will leave my shares where they are!
So if, as you claim "we may get hit hard on results" and the SP drops back to say £1.05 and I don't sell but in January it creeps back to were we are now what have I lost? (not worried about trading them by the way, I have a set exit price)
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