VUK 0.00% $4.22 virgin money uk plc

Another Misunderstood Spin-Off, page-4

  1. 16,916 Posts.
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    @GrizzlyAu

    I suspect the timing of their de-listing from the ASX will not be a matter of their choosing.

    Rather, with this 1.5bn pound sterling bank constituting a nice sized bite, cum- plenty of cost reductions and synergies, for any one of the major UK banks searching for growth, I think the end game here is that it gets taken over at some stage.

    I just hope that doesn't happen before CYB gets some decent cost-to-income reduction runs on the board.
 
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