LLP lloyds bank plc
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  1. freespins
    1,262 Posts.
    lightbulb Created with Sketch. 76
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    08/10/09
    13:50
    Post #: 5750087
    only 324,000 traded

    Why would you trade.

    Its like someone offering to buy your house. After deducting the loan the value is $750,000. (.75 cents NTA allowing for future upside )
    Then it gets reduced because of discounts & GFC (which is gone) to $500,000 (.50cents nTA)
    Along comes LLC & offers $310,000. (.31cents NTA)


    This is what is happening. We are being offered $310,000 for our house that potentially in 2 yrs will be back to $750,000

    I cant make it any clearer

    Freespins
    LLP Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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