Member Info for Fird

At the moment banks shares are at the receiving end. They are out of favour for several reasons which appeared in the recent press. IMHO STAN has received more than its fair share of the crack of the whip in spite of reporting interim accounts better than market expectation on 3 Aug 11. Could it be any other reason, which is known to the people who are close to the company, but not knowm to the general public?

Assuming the SP of NG would be 574P before ex-right issue, the SP will fall to 505P after the ex-rights. The market will calculate the share price as follows: SP 574P x 5 = 2870 Add 335P x 2 = 670 Total 3540P divide by 7 will give you market price of 505 per share