Member Info for calisto

No it got rescued because if it hadn't been it would have taken most of the banking sector with it. LLoy was coerced into "rescuing" the crock of that was HBOS and forced tp write down shedloads of assets by the the then FSA under Adair Turner at the bottom of the market. Coincidence that G Brown oversaw this and our sale of gold when he was Chancellor. Lloy was then used by the govt as a cash cow to prop uo the economy post crash.

as ever Bloomberg's late to the party

Only MMS make money on AIM remember. A casino is less rigged against a punter then AIM

yep the rainbow chasers are coming back, baseball cap on backwards and not a clue of what the company does.

no because the liberal media left have decided to run with with the half baked hysterical nonsense put out by environmental lobbyists

author of the "study"?

This is the dividend we all get to share from our elected leaders appeasement of the Green lobby regardless of the near term consequences. Sure, greenhouse gasses are an issue that needs dealing with. A gradual and phased transition would have prevented this. Biden can plead with ABS all he likes but oil producers like Saudi, Kuwait and the UAE generally don't like Democrats with their woke agendas The US voted for higher energy prices when they elected Biden

a modern day El Cid

Talking of traders, Its a good day to mess with the markets today as many of the City"s finest will be at Ascot plying the girls from the office with sjampain. Clients won't be there as accepting entertainment is now forbidden by the FCA. From past experience many will already be flying on the train journey there.

will Bailey be wearing his hair shirt, or his speedos ?

steady on, steak meals? Maybe sausage and mash or a carvery 'd be more in time with the current economic climate? :)

Yes but once it really moves higher they will turn around and say they’ve been excited about this company and it’s prospects for some time. Never put much faith in their dartboard analysis

Investors get tired of holding dead shares and dead money. If the company's policy is not to keep investors in the loop then this is the result. Ultimately it is a foolish approach by the company, which at some point may need to tap the market for more cash for research, development or acquisitions. That said, it is a common occurrence with AIM listed companies often run by innovators rather than market savvy management. Investors are will aware that they will loose money on 75% of AIM listed companies.

MMs will take it all the way down again

Apologies GB I lazily forgot to put "fake pandemic" in inverted commas .

Could have been worse Singe, The fake pandemic could have seen you being forcibly locked in like they are in China. Maybe you have something to be grateful for? I suggest these levels are reasonable entry level for you to get into LLOY? On a 10 year view of course. DYOR of course, and shares can go down as well as up.

The volume of the buyback is insignificant in terms of the number of shares outstanding, so it's window dressing to placate US investors

SP is below NAV

nice bit of manipulation ahead of today's announcement yesterday. Dirty dirty AIM

When shares are trading at a discount it's always worth considering a buyback. Realistically the level of buyback and constant reissue of shares has little impact on the direction of the share price either way imo.