Better value in ire, plus it hasn't gone up yet.
In an up market IRE will out perform AIB, as it did between March and September 2009.Part of that is a result of the AIB ADR representing 2 regular shares where the ADR for IRE represents 4 regular shares. Leverage on the way up is a wonderful thing!
OPPORTUNITY TO HIT UP 2.33 AFTERHOURSfor anyone who missed out.
Go take another lose on IRE. $2.47 It will go below $2.00 AIB is a strong bank then IRE.
I have both! :DBoth banks have a good chance to be multibaggers witin a year. AIB will dilute more, but IRE is valued much higher at the moment.