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vrtll6glx

Listed below are comments made by vrtll6glx between Monday, 21st July 2008 and Monday, 21st July 2008.

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HBOS humbled 1:14pm on 21 Jul 2008 I too took up my HBOS rights - and expect that due to the bargain price, I shall make some serious profits in due course. I am a long term investor and do not need cash at present, or indeed for a few years.

What appals me about the whole affair is that the market, or certain elements of it, has deliberately manipulated the share price to ensure it fell below the rights issue price of £2.75 in order to make a quick profit. The share price running up to the deadline had little to do with the real or potential value of the shares. Having said that, as a long term customer of Bank of Scotland also, the Bank is no longer the quality jewel it used to be as many parts of it have been dumbed down as a result of the Halifax influence - but it is still the largest mortgage lender, largest savings bank and has the largest nmber of private shareholders of any UK institution. No other Bank can claim these crowns - it is a symbol of Britishness - those who knock it at present will regret the day they did not take up their rights.

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