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Z. The market moves most with uncertainty, watch this, I’m certain that the mm will continue to keep the uncertainty going. This is a problem that will clear in 12 months. Vaccination, herd immunization, but the bank is a solid investment, current mkt cap of £23bill? Very profitable, the govt stimulus will probably fix this in the interim. The share is going lower, but it will recover. But DYOR and make your kind up. Most people that privately invest have more money than the average Joe, joy make your own mind up. I don’t have a crystal ball, but my instinct is this is initially going lower, if it doesn’t, well I’m not invested!
Jl. I have a vested interest, I’m considering putting my. C Ash in when it’s at 20p. Show me the rule that tells me I can’t comment, this is a bb for use by those that wish to make money, shame many are not, that presents an opportunity
The problem that holders have is their cash is invested already, it is difficult to dump and hope for the price to go down further, most of us are optimistic, but this is going lower, someone give me one reason why it won’t. I suspect this is the last post on this thread. There is no reason for it to go up yet.
Why, I have been invested and will again, I didn’t know that one had to have a share to have an interest. It is in my interest to run this down and then I shall buy cheap, I won’t have long to wait....
The amount it may lose, not possible to quantify yet, on mortgages, a quarter of the interest income. A few billion perhaps, but they will be kept afloat. Bbut commercial and private loans, depends on the government measures taken today, could be a silver bullet....
The government cannot allow the biggest retail bank go bust, it has to keep it afloat to have it facilitate cash in the system.
Dividends could be reduced or suspended due to liquidity of cash, no bad thing.