RBS agree deal with US DoJ
Posted: May 10th, 2018, 9:19 am
At the time of writing the price is up by 4%. According to ADVFN the NAV is £4.10. The current price is £2.87. What do people think. I hold some myself and I don't think there is anything else big outstanding to be resolved. I don't understand the theory that the business is of a negative value, but that sort of sentiment applies elsewhere in banking. Prior to the 2008 issues banks traded around twice NAV. I don't think we will see that soon, but I would think there is some potential capital gain in these (Brexit uncertainties, of course, remain an issue).