The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
All they have to do is dig a deep mine into the ground and with efficient heat pumps harvest the free electricity that mother earth provides. There is plenty of it.
Good plan. So we all get a mine in our back garden then? What if you live in a flat?
Does anyone know what date you must hold the shares to qualify for the rights issue? It doesn't seem clear if it is on open of the 23rd or the 24th.
Will people purchasing today be eligible or have they missed the boat?
"Disinform - do you serious doubt we will see a new buyback program? Hope you are betting against it"
Why would I doubt that or bet against it? It seems highly likely, and I would like my shares to increase in value weirdly. But I'm not going to ignore reality.
"You are comparing comp with 5 or 7 billion in issue to a comp with 71billion in issue,so don't expect the same volume ,should be moving 300 to 500 million to hold a decent speed,imho,dyor."
I'm comparing actual cash movements. You can see from my post it's in line with other highly traded stocks. You can ignore the shares in issue if you just factor in the price of the shares.
"Interest in trading Lloyd's Banking Group shares has reduced over the years."
What are you comparing to? Volumes yesterday for instance:
TSCO: 18.99m (£51m)
GSK: 7.52m (£107m)
LLOY: 140m (£68.6m)
Pure volume LLOY is number 1 today: https://www.hl.co.uk/shares/stock-market-summary/ftse-100/top-volume
https://en.wikipedia.org/wiki/German_language_in_the_United_States#German_as_the_official_US_language_myth - not true apparently. Shame, interesting idea.
"The consensus here seems to be for a base rate rise next month/this year followed by another uptick during the first 3 months next year."
Personally, I think we will see a base rate rise in 2022, but I doubt it will be significant. The economic impact of riing interest rates would be a nightmare for mortgage holders, and so the ever important house price bubble. Possibly wrong, but I am a massive cynic in that matter.