Q: Lloyds of course is going to have direct leverage to the UK/European markets, and a 9X earnings we think its risk is priced in. The government exit implies a 15% discount to buyers, with a bonus share for every 10 bought.
The above was a quote from your response to my LYG.US inquiry. Does this mean if I buy the shares, I will get a ten percent bonus in shares? Haven't heard of this before.
Thanks.
The above was a quote from your response to my LYG.US inquiry. Does this mean if I buy the shares, I will get a ten percent bonus in shares? Haven't heard of this before.
Thanks.