Shocked that I couldnāt find a VMUK or Cyborg thread!
About
Virgin Money is a financial services brand used by three independent brand-licensees worldwide. Virgin Money branded services are currently available in Australia, South Africa and the United Kingdom.
Wiki: Virgin Money - Wikipedia
Website
https://uk.virginmoney.com/virgin/
Latest News
BBC News - Lloyds, Virgin and Direct Line to cut hundreds of jobs
Itās almost Thursday. Throwback Thursday - from 2012:
Virgin Money is emerging as the front-runner to buy more than 300 branches from Royal Bank of Scotland after the collapse of a deal to sell the high street business to Santander.
ā¦
Last year, Virgin Money bought Northern Rock Plc, the āgood bankā part of the collapsed lender, greatly expanding the scope of its operations and giving it 75 branches.
Thatās when Apple already released iPhone 4-5.
Monzo and Revolut were established three years after that article was published.
Virgin money used to be Ā£50 a share? Wow
I wish but thatās GBX ( pence ), so thatās 50p in the screenshot.
It went 4x from thereā¦ what a difference a year makes
Haha thanks for clearing that up. Virgin money had a steady day today in the stock market. Bought some shares 5 days ago.
42% bump on last close - nice day for anyone holding
I bought 300 shares a few months ago with some spare change, nice little win
So the current price be below the offer from Natiowide, what happens if you buy shares today at the lower price? Will you get the actual sale price?
The delta between the current trading price and the offer price reflects the general market sentiment about the deal completion. The size of the delta relates to the general feeling of itās happening, in this case, itāll need to pass regulatory hurdles.
There is a reasonable strategy to buy and hold, claiming the full offer from nationwide when the deal coleyes but itās not without risk.
