I only speak to the big investor in the sky about that!
I am not specifying a buy in price although you can be forgiven for thinking that. My point is just that I believe bank will perform and it's price of @35c will be considered a bargain in a couple of years. Agree this Is speculation, crystal ball etc. but that is the point of this game is it not, with as much solid fact thrown in as you can find.
.. new CEO at. AIB
...http://www.irishtimes.com/business/financial-services/aib-chooses-bernard-byrne-to-take-over-as-chief-executive-from-david-duffy-1.2188466 as early as this year AIB is expected to sell a portion of stock to private ownership of up to 25%... that means the capital structure has to be fixed .. AIB holds over 523 billion shares ... a penny stock.. both AIB and BOI will have to leave the penny stock valuation soon..
Wizardry and theories. Like the stig "some say" etc. all this of where the sp will go is pure and utter crystal ball gazing and a bit of naval gazing thrown in. The big guns hold the cards.....we are just passengers and are hoping for the Ferris wheel effect. Gla.
boi is not an investment, investments have a return , i am afraid we are all speculators here!for the moment
Has you buy recommendation been revised to 25c to 35c?
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