LLP 0.00% 34.5¢ lloyds bank plc

31, page-2

  1. 1,197 Posts.
    lightbulb Created with Sketch. 57
    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
 
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