B&B bucks its pessimistic outlook ???

PauliPauli

http://news.independent.co.uk/business/news/article3084322.ece

(Personally I keep a regular eye on it ready to pull savings out if need be)

bristolleedsfan

PauliPauli wrote: »

http://news.independent.co.uk/business/news/article3084322.ece

(Personally I keep a regular eye on it ready to pull savings out if need be)

to be fair its only a self congratulation report, Bradford+Bingleys share price has always been unspectacular since its flotation, its dividends poor ( compared with northern rock) and its share holding value now to those who received its free shares on flotation ( 250 each) is actually less than the current shareholding value for those who received free northern rock shares on its flotation. ( 500)

so while the headlines have been about the NR % share price fall since february in reality bradford and bingley shares havent had as far to fall.

bradford and bingleys current share price is 254p per share so those who received 250 free shares on its flotation have a shareholding value of 635.00 which is hardly a sum to start celebrating about after all these years of holding the shares.

bradford and bingley share price year high is 483.25p ( worth 1208 to those who received 250 free shares on flotation. )