RE: More cost cutting coming25 Jan 2024 20:45
NC
''Likely the important large holders are pre warned, that is when the share price starts falling, and then, likely that someone in this 'privi of knowledge group then 'sell on' this info. once safely out to other large holders speeding up the share price drop.
Eventually we will know what 'real' reason the share price has fallen so much so soon, but those large holders already out would, imo, have know far far earlier what has been decided.''
I think you need to look at what percentage of Lloyds is held by institutions.
More a case of freaked out retail investors overeacting to the usual media need to create sensational headline grabbing material, selling out to other more realistic retail investors or institutions topping up on the cheap..