Price can only be slugged again this am because MS have flogged a load of HMG shares - methinks:
"...The Treasury has instructed Morgan Stanley to gradually sell down as much as 5.4pc of Lloyds’ equity until June, and it is thought the Portuguese banker wants to remain in place until UKFI has exited fully. ..."
The missing funds could/should have been "rescued" confiscated all assets, from the fraud criminals, FOREX, LIBOR, and the bank manipulators, who are no different from the drug barons. Although the UK waits for the first Banker to be prosecuted and jailed for any lengthy custodial sentence. Yet, who has created the most damage to the UK financials and probably done more damage than a ten year war. 20 years to recover, and the customer will now face charges to recover tha stolen loot. "That will teach "them" a lesson "they" will never forget, from the offshore green field tax havens. LOL, What a solution. Crime pays in the UK. IMO and its a personal one.
Lloy went up for a bit then down.The market it appears not too impressed by the Telegraph talk about the dividend or the Greek problem weighing on sentiments. IMHO it is a matter of time the sp should it 75p sometime this week.As for the lows it is unlikely to hit below 72 .5 , again only MHO GLA
Wids: Hope any div plan will be long term sustainable and not just a Pre election goodie. Hopefully there will be no more sink holes. Once LLOY starts div, AHO' s price tag will double, hope the same will happen to shares price within 12/12 GLA
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