Lloyds 23p, RBS 19p

The taxpayer must have a paper loss of £billions, I can't understand why a few million of these shares haven't been unloaded when they were in the black.It must be very doubtful whether they can be sold at a profit. And as they were bought with borrowed money, the losses must be even greater.
Reply to
mick
wrote:
Well, are you tempted to have a punt? I'm sure the government can do its own version of insider trading to push the price up a bit before they put the shares back in the market.
Reply to
Tiddy Ogg
These shares are starting to look like very good long-term investments now and well worth a punt. The asset bases of the banks are incredible.
Ok so much of those assets are debt now but if the housing market recovers again and prices rise, the banks could return to their previous value levels...
Reply to
Paul

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