thb I think he is just jumping the gun assuming that because it was settled yesterday, every holder will get the same. Unfortunately I doubt that will happen. More than likely the only people that will get anything are the ones that had launched legal bids in time. I was interested to know where he got the €2 from though as I am wondering what the settlement price was.
These are worth holding. I thought about it for too long when they were at 50 and missed my chance. Of any of the Irish financials these look to be the most stable and could emerge a bigger stronger institute after all this. Plus any foreign banks looking to get into Ireland would probably view IPM as the best bet for a TO. There has already been some holdings RNS's showing some stakebuilding. ps - RNS out half hour ago, Gillian Bowler stepping down
Have a read of this, it will explain http://www.investegate.co.uk/Article.aspx?id=201009300700245781T
http://www.investegate.co.uk/Article.aspx?id=200912021600234903D