RE: Lloyds shares are building a base for a leg higher29 Aug 2023 19:05
Carlitt
How you know this?. A lot of trades are off book and not reported yet as to being a buy or sell ..
LTI. Still bigging it up..
He funny
He says last weeK
"A potential time for a Lloyds purchase/top up?
I will be keeping a close eye on Tuesday. The psychological effect of the ending of the buyback, may result in a mark down in price. A low/near low last year occurred immediately following the ending of the buyback. The market though quickly revalued at a higher level"..
The exact opposite happen .😒
He says also that the share repurchase programme will have removed a total of 12,379,829,989 shares from the market.
He not mention all the new shares allocated as bonuses etc so the true figure is nothing like....
What do he mean : "The sole purpose of the buyback was to reduce share capital".
Is it reducing the shares in issue... He mean?
..