RE: Scores on the doors29 Mar 2024 18:09
Flec
'' fundamentals and shares in issue for solid companies doesn't appear to currently carry much weight.''
fundementals are fundements. The market values a business on a daily basis. Whether the markets value is fully represents fundementals, is something that investors need to make decisions about. The market is valuing Lloyds at £33 Billion. That would be the case whether there were 120, 60, or 30 Billion shares in issue.
''LTI I find it offensive when you describe my views as idiotic when I make valid points''
''''when you can't offer a valid argument against their opinion.''
I don't live in the world of WOKE, and don't care if putting someone finds it offensive being told home truths. I have not given an opinion/argument, I have give you a FACT .
If there was a 2 for 1 share split for Tuesday morning it is a FACT that the market would not bvalue Lloyds at £66 Billion, just as if a split was made creating an extra 13 Billion shares (about the amount that buybacks have taken out of the market), the price per share would not be 52p on Tuesday