Just picked up 10K shares.
I have testis of steel.
An update to previous post. While they will be delisted from the Irish and London Exchanges, they will be listed on the Enterprise Securities Market. Don't know how this will affect the ADR's, but there will still be a place for them to be bought and sold.
Might check out the Bank of New York Mellon website to see if they have anything on it. I am going to try and contact them via email. If they continue to market the ADR's, it might be worth getting some at a very low price.
If you plan to hold, good luck.
10k shares at .90 sense?
WOw you almost invested a whole $1,000... Holy crap you do have balls of steel what a huge investment!!!
I could never sleep tonight knowing i had that much invested on a single stock..
WOW im super duper impressed!
thats 9000.00 not 1000.00
I hope you are not trading with that math skills bro.
can the real math genius please stand up....
njjackass please sit down coz you cant do basic math.
You need a new calculator. $10,000X.90=$9,000
The Irish court ordered them to delist their stock on both the Irish Exchange and the London Exchange. May get relisted in the future, but if I were you, I would salvage what I could for now.
I sold out a couple of weeks ago to wait and see if they would still be listed. I knew the Govt was going to own between 90% and 95%, but the unknown was if it would still be listed.
I expect that sometime next year, it will be listed again. That is the only way the Govt. is going to get their money out.
JMO
SMART MONEY IS BUYING, YES.