UK to rebuff private equity, overseas funds in Lloyds sale - sources

LONDON | Fri Jul 12, 2013 4:53pm BST

(Reuters) - Britain will start selling its shares in Lloyds Banking Group to pension funds and insurers later this year, rejecting interest from private equity and sovereign wealth funds, industry and political sources said.

The government could sell up to a quarter of its 39 percent stake as early as September, the sources said, especially if the bank's first-half results, due in August, are well received.

Did I see it briefly touch 69p!!!

I'm 29% up now - something I didn't think I'd see this year.

We might even see 70p this week at this rate, God willing & a fair wind!

shorts being well and truly burned today!

A 'leap of faith' to @80p?

Why not £1?

Patience! :-)

Am I right in saying though, that the gap has already been filled historically? How many times can you fill a gap?

Gap looks to me as if it's only been half filled think theoretically it has to fill whole gap. Fingers crossed

It hasn't been filled.

Ah, I see. Missed by a gnat's todger! 80p it is then! :o)

so we are looking at a sp of 85-90p

Let's go for your quid! :-)

Joking apart, I'm going to sell some if this rise continues as they are now one of my biggest holdings.

Flippin' heck, now it's 90p target??? Pushing our luck a bit, n'est-ce pas?

still 2 weeks before results due, keep the faith, and screw the shorters!

£1 by Christmas!

You ain af sexy when you talk like that TOK.... bring it on :)))

Citigroup Neutral 0.00 65.00 70.00 Reiterates

A whisker away from 70p.