Please delete your chart at post 5224. I do know you posted it up to show the peak of 73p
However, it is a 'static MAM chart image' and the price doesn't move. Therefore, since it is showing a price not too far removed from the present actual price, it is creating a bit of confusion.
It is following a similar pattern to last year. Drop then a run up to results, then drop and run up to div etc. Any guesses when this will bottom out this time?
Maybe a good time to start rotating back into Lloy. May go a little lower over the next few days. All sorts of excuses being dragged up for the fall in the Dow, but it may be nothing more than hair trigger automatic trading.
Goldman has had the same pessimistic view for a long time now. Morgan Stanley has just come out with 75p. They can't both be right. Looking at the consensual views, GS is the outlier. Doesn't mean it is wrong in the long run but the dividend yield is still attractive.