Share Price6 May 2020 20:30
I hold these, I agree the SP should be higher according to broker ratings, at least £1.30 but what is going to push them there? I can only see more bad economic news coming. Q1 had hardly seen an impact from Covid 19, provisions set aside mainly, Q2 doesn’t fill me with confidence, especially as the chancellor is already talking about winding down financial support in July.
It’s going to take some seriously good news to get this moving and I’m not looking to the ECB or BOE for that. IMO.