VUK 0.48% $4.22 virgin money uk plc

Ann: Increase in legacy PPI costs, page-58

  1. 3,746 Posts.
    lightbulb Created with Sketch. 1558
    Agree 100% and with all the posters on the frivolous claims to be knocked back but unfortunately costs to process are there and should be pinged back at the lawyers, or false claimants.

    Frustrating yes, but a good opportunity to buy some for the SMSF so that's what I'll be doing as the dividend money rolls on from recent reporting season.

    Headlines tend to want to be sensationalist to generate fear and clicks, so here's to the numbers coming out in due course to the lower end and then it'll not be headline grabbing news but quietly announced. It doesn't generate as much click/bait nonsense that the media hype works on these days.

    In at just under $2 bucks, time will tell how prudent a move it was.
 
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