George Osborne postponed the sale of Lloyds (LSE: LLOY) shares to taxpayers in January, which pundits blamed on the share price falling below taxpayers’ breakeven level. But what if that breakeven price was lower than anyone had calculated before?
Could the government sell Lloyds Banking Group at 7.5p a share?
VIDEO: One Fool ponders the potential government sale of its remaining Lloyds Banking Group plc (LON:LLOY) shares
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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