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And now down to 36p / c 8% loss.
But can not by any at anywhere near 36p
Already said, bondholders/ shorts getting their money back from drops then increases
What on earth is happening - any ideas - it's up and down like a sex workers' undercrackers this morning!
It went up to 42p c 5 % gain at about 10.00am, and now down to 36p / c 8% loss...
Can not get an electronic quote ?
was going to buy a few today
Good patter twogood, deary me
Cyberdoggy
529 posts since January 2021 all on Metro Bank and all negative he must be a disgruntled OAP customer..probably got told to leave his local branch due to an incessant yappy skitzy Yorkee barking and nipping customers and holds a grudge every since..lol!
Wasn't at you directly. Was just out loud.
Cyber, you're trying to make yourself sound like the messiah, you really can't be so certain now can you ?
Short squeeze? Gullible? I asked rehtorical question on a 5% short closeout.
And please do yourself a favour and don't be gullible about short squeezes etc
As I said, this will drop down to 30p to give shorts the chance to go long and make money from the rise, to make the lost bond money back
How did shorters buy 5% of shares without moving the needle in a positive direction?
Markets still not keen as 3% down today and now at circa 38p despite shorts albut dismounted, cost saving announcements etc etc...I fear it's heading for lowish 30's by yr end, hope not, but looks that way.
A long way back from here for many of us unfortunately
£264 million at aprox 40p per share
Tg2d
thanks will be looking at maybe buying in.
If not good luck to you all
Can anyone comment on what impact the share price can have for Metro with plans for reduction in staff and reduced opening hours? Thank you
Primetime51
The new shares won't hit the market Gilinksi has no intention of selling his shares as he wants the share price to recover and he is motivating the Board to accelerate the turnaround strategy by cutting costs by £50m, reducing opening hours, and looking at acquistion targets to consolidate the UK mid tier bank market.
@ tuana6
Thanks
I might take a small amount
Shares hit market yesterday as big Holder didn't sell it . That is why you see RNS about voting right . Yes hold this share for next year will over 100p as thing on financial sort out . That is a Good investment now.
HI
just a Question WHEN ARE THE NEW ISSUED SHARE GOING TO HIT THE MARKET.
Is there a date yet
Do you guys see price going down due to these extra share being issued.
Not a de ramp as i think Metro do have a model going forward.
Gilinksi is no novice here and has ruthlessly cut costs and grown banks through acquisitions in the past..
He is a seasoned and highly competent businessmen with a financial services background built up over many years doing similar activities in other overseas markets..
The UK mid tier retail bank market is fit for 'consolidation' and Metro Bank is poised to be the acquistion vehicle to upset the apple cart...
Next news will be the successful disposal of the mortgage book to Barclays providing much needed cash to fund Metro Banks first bank acquistion expected early next year..the share price will recover in time as the cost cutting and growth through acquisitions strategy gains momentum...
Like all these things patience is the key and I expect the share price to return back to north of 100p at some point next year!
All but closed their positions!
Back to the puppy farm for you!
Lol, whitebox were involved alright