BaronWuffit24 Jan 2011 17:15
There is no future in AIB for current shareholders for a very long time. The share price could easily fall below 10c in the near future. It is being moved off the main stock exchange tomorrow. As banktech mentioned, your interpretation of NAMA isn't accurate. AIB actually owes the state rather than the other way around. Most importantly, current shareholders will own around 4% of AIB next month, with the government owning the rest. It will be effectively nationalised and is currently run as if it is in administration by PWC. Only gamblers are trading ALBK at the moment.