Papucel,
I think it's good. The shorting started at £40 approx and now it's £1. At 2.85% shorting in February 2018 we were £36 and the shorts went up to 11% ad crushed the share price. So although its not the only factor, it is clear shorters don't believe it can much lower other that sexy beast Odious.
I believe next quarter results will improve and the Feb 2022 result show maybe only £50 m loss or even breakeven. We should be £2 in early 2022 noting that they will be a recovery from Covid and supply chain (Brexit) issues. This is not advice, so please DYOR.
Popped into Metro Bank Today.
Disappointed to see that they weren't advertising Rate Setter loans on their public boards in the building. But did see a poster stating they loved dogs (really. no joke).
They should be advertising their products other than they are third in the satisfaction survey. Why bot state that they have the cheapest personal loans in the country (ratesetter). That might help.
So much space in the middle of a city and the don't even use it to advertise it to their customers.
Bloody Stupid. Come on Dan, pull your finger out.
If Sainsburys Bank is to be sold for £200m with 2 million customers. How much could Metro Bank be sold for, noting we also have 2 million customers.
https://www.mirror.co.uk/money/sainsburys-bank-could-sold-200million-24869657
Any thoughts