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I would add, whilst the Interactive Investor financial proposition is attractive to traders and for Sipp's, funds,Trusts etc, the app itself is awful! They really spoilt it's clean lines after the takeover.

When will companies realise that evolution, not revolution is what customers want with trading apps.

Tough times currently and the 1.5bn purchase of Interactive weighs heavily on the books. However, it should pay back handsomely if they can improve standing against the market leader Hargreaves. Additionally, more than ever are going to need financial advice and products to support retirement. As we are ageing as a population, this opportunity must be a growth area. The only ones who don't have to worry about pensions etc are civil servants who don't have any market risk and a defined benefit, inflation linked pension. The rest of us have to buy products or shares to provide for old age and that's the sweet spot here I guess.

What price gets it back into FTSE100?

How about a blinking divvy then for long suffering investors.

When and why did they sell?

In for a top up at just over £4, bargain I hope! Looking forward to the divvy helping with inflation as it currently stands. My overall buying power like everyone has been decimated and no 10% rises in pay for me as retired.

Wondering why AV dropped 5% but L&G only 3.5%?

The action plan seems to be fine words but no meat apart from the cuts. Exactly what is the detail for example on improving customer service, how exactly will they get more share of digital markets, what usp's will win them customers from competitors apart from pricing which is uncompetitive anyway.

Suspect as said there will be swings but when US opens suspect it will sink below 86?

When might they review that 3.9%?

Thank you, I meant growing.
Did some google and found they do state it will be progressive, between 40-60% of profit.

Apologies if this has been covered already but what is their policy, is it progressive etc?

Agree, although I've very often seen the drop to warrant the prior sell in many cases. Perhaps a lot of hassle for relatively small gain but as I'm overexposed, I'll consider it for my 406p buy.

Regards

Might the divi dodge be worthwhile, they often drop by a fair bit more allowing an even better deal to acquire on ex day? £10K, gets around 2.4K shares. Dealing costs (out and in) are around £60, then a 5p drop over the dividend gives back £120? Suppose the issue is, will I catch near the top when I sell?
Probably overexposed now and in profit on my last batch at 406p so may have a play with those keeping the main rump in.

That said we are over 8% on divvy now so a consolation even on further dips.

Sold at 2863 - made a decent profit. No longer like the dividend rate in comparison to much better elsewhere, eg Aviva, Lgen and many others. Also, very concerned about OFWAT being able to block divvy's. It's a NO from me for now.

And now we must be picking up a near 8% Dividend - same goes for Aviva

Or, if you don't get in, you may be buying at 245 later or tomorrow.

Thanks for the sensible responses, Xwave - I've known deeper puddles than you!!!

Aren't we heading deeper into a cost of living crisis and won't that badly affect Lloyds beyond provisions? I mean, literally everything is exploding in terms of price, council tax, food, fuel, wages, mortgages you name it. When your utilities go from £115 a month to the £425 I paid last month, I'm really pulling in the horns. Then they tell me the bill's going up yet the support is disappearing.
Surely lots of those who have overstretched will be handing back their keys won't they?

My concern for NG would be the Labour party gaining power. Not only will that affect all shares negatively for a period but there is also the threat of nationalisation in the utility sector. That said, I'm not sure they can do much more harm than the Tories and there hasn't been a lot of room left for tax increases as this Gov has screwed and is about to screw all corporates further with tax.

Re the Interactive Website, if you look at the Group by label (at top of investment list) then click the 3 dots. That will allow you to do some reasonably good sorting, for example, views by day price change £/% etc. Makes it better but still way too busy overall.