London Scottish Bank Share Discussion Threads

[lawson27] 18/6/2008 09:09

Davius

you have a strange idea of fun!! lol

[davius] 18/6/2008 09:07

What a fun day, 500K buyer back at 7.5p now.

1-3 @ 7.5-8p, bid vol 735K ask vol 341K

[meanm] 18/6/2008 09:03

But clearly the strength was there at that price.

[davius] 18/6/2008 08:54

Out of date already as now in auction at 7.49p, but at least L2 looking stronger with that 500K order on the buy side...

[davius] 18/6/2008 08:45

A buy order for half a million just appeared at 7p...

(that you cn?)

[meanm] 18/6/2008 08:44

It is interesting to note, that the article also states "TRADERS said the subprime lender may be looking to raise between £40m and £45m."

Traders are the source, well that is convenient considering they might want to influence the s.p.

[meanm] 18/6/2008 08:41

Considering how low the share price has fallen, for there only to be sales in the region of 550k (£38K) actually fills me with some confidence in the investors out there. Maybe they are not as easily led as I thought. Here's hoping.

[cyclingnut] 18/6/2008 08:40

Davius,

At present it is all paper talk...if untrue....LSB need to come out and deny it or if true confirm it?

[johnspain] 18/6/2008 08:25

what's up with charts today?

[lawson27] 18/6/2008 08:24

hows L2 looking chaps?

[meanm] 18/6/2008 08:24

"Lsb defies fundraising talk"

Even the headline that is used by the F.T. gives us all an insight into their motives. If this "talk" had existed and the F.T. had clearly heard of it, then why wait until the share price seemingly defied the odds to gain until such a piece of gossip is published? For that very reason; the share price was defying the rumours and that was no longer seen as desirable by certain parties. Was that MM's, parties at the F.T., who knows.

[cyclingnut] 18/6/2008 08:10

spare a thought for the person who bought 500,000 yesterday!

[meanm] 18/6/2008 08:05

No, it's not going lower. The F.T. rumour is what has been dragging it down lately and now that the "gossip" is made public, almost like fact, the additional hit has been taken. The share price will rise again and, I fancy, a T.O. will be mounted.

[cyclingnut] 18/6/2008 08:03

tempted to get in for more but tomorrow it could be 4p!!lol

[meanm] 18/6/2008 08:01

It will rise now the stop losses, that were "required", have been triggered.

[lawson27] 18/6/2008 07:57

another 35k buy @6.7 tell me the books looking better!!

sorry about the echo!!!

[lawson27] 18/6/2008 07:56

another 35k buy @6.7 tell me the books looking better!!

[cyclingnut] 18/6/2008 07:55

also if it ain't true....how about one of those RNS denials?

[cyclingnut] 18/6/2008 07:51

oh well.........looks like I will have to make back all my losses here elsewhere...

The question is if the company is sold off will shareholders get anything?

[meanm] 18/6/2008 07:45

I find the article amusing. The share price shot up over "talk" of the sell-off of the Factoring division and look what happened there!

The F.T. should only print fact and not "hear say!"