ANYONE KNOW WHY THE ROYAL BANK OF SCOTLAND IS SHOWING A SHARE PRICE AROUND THE 6.59 MARK WHEN IT WAS 18.00 OR SO THE OTHER WEEK OR AM I GOING STRANGE?????????????

RBS is a bellweather share.

nortern rock paid 2000 pound commission to brokers for each 2 year fix mortagage

Nice quiet thread.

lol

Up 25% this am.

Yes.. but for how long?

Looks like there was so much volatile trading this AM, as RBS trades look to have stayed in auction till 0815.
Cant believe the Dow finished so high just on the mention of a new financial structuring system, without any detail released yet.

sub 200p .

RNS Number : 0524E
GCM Resources PLC
23 September 2008




TR-1: notification of major interests in shares


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
GCM Resources Plc

2. Reason for the notification (please tick the appropriate box or boxes)



An acquisition or disposal of voting rights
X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An event changing the breakdown of voting rights


Other (please specify):


3. Full name of person(s) subject to the notification obligation:
Royal Bank of Scotland Group plc

4. Full name of shareholder(s) (if different from 3.):
ABN AMRO Bank N.V

5. Date of the transaction (and date on which the threshold is crossed or reached if different):
18.09.08

6. Date on which issuer notified:
19.09.08

7. Threshold(s) that is/are crossed or reached:
3%

8. Notified details:










A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE
Situation previous to the Triggering transaction
Resulting situation after the triggering transaction

Number of Shares
Number of Voting Rights viii
Number of shares
Number of voting rights ix
% of voting rights

Direct
Direct x
Indirect xi
Direct
Indirect




Ordinary Shares

GB00B00KV284



2,425,000



2,425,000



0



0








0.00%






B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument
Expiration date xiii
Exercise/ Conversion Period/ Date xiv
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights












Total (A+B)

Number of voting rights
% of voting rights




0



0.00%

I was thinking of buying RBS this morning, it was the only bank that hadn't gone up, it does seem very weak against the sector. But I had a nagging doubt about buying, but fortunately I remembered that Fortis which was part of the syndicate that grought ABN Ambro had just been rescued.

After checking the news releases today, I then read that the Dutch Finance Ministry are investigating Fortis, looking at risk which wasn't shown on Fortis balance sheet.

I'm not suggesting that RBS may be in the same situation, but this without doubt is what is holding the sp down. So I will sit on my hands for a while, and await a better entry time.

Thanks for that spitfire.

Didn't know about the Dutch Finanace Ministry situation. Possibly explains why RBS going south.

Good article on time online.

http://business.timesonline.co.uk/tol/business/markets/article4859725.ece

The Abn news is affecting the sp today.

Thanks spitfire

Sudden surge of interest after being down again earlier

Still have a bad feeling here and with Wall st down again tonight I am not hopeful that RBS will be blue Friday.

another great call

well if Brownie can bring back Mandie for the 3rd time anything is possible..

look at Salamander for instance...

he needs a boyfriend .... can't be much fun for him being married!

lol..