lloyds share issue

[forthhibby]

just had an email about it, is it a yes or no

[ancient hibee]

Depends.

[forthhibby]

thanks

[ancient hibee]

I'll send my fee note.

I'm taking up mine but I've held shares going back to Bank of Scotland -it's very long term so if you can afford to wait to see the benefit go ahead.

[forthhibby]

cheers, i bought shares recently as a long term investment, couldn't really follow what they were offering, but it does look a good offer, so will speculate a little bit more

[DaveF]

Viewing it as a long term investment is probably the best bet.

Especially given the (expected) massive dip in the Lloyds share price today!

[ancient hibee]

Viewing it as a long term investment is probably the best bet.

Especially given the (expected) massive dip in the Lloyds share price today!
That's the price factoring in the rights issue.

[Toaods]

Note - LSE but not the London Stock exchange...


http://www.lse.co.uk/ShareChat.asp?shareticker=LLOY&share=lloyds_banking_group

:wink:

[DaveF]

That's the price factoring in the rights issue.

I'm no sharedealing expert! All I knew is that given they were creating billions more shares, then it made sense that the current price was going to hit the floor.(as it did)

Long term, buying at 37p seems like a very good move to make if you have the money to do so.