When is the Nov Rights Issuse?16 Nov 2010 15:38
Does anyone actually know when the rights issue is going to happen. It seems to me that it will have to be before the budget - and money being taken out of the economy - and around the end of the month when people get paid. It should result in ALBK being out of debt but the Gov being the biggest owner. Last time banks were bailed out they rose but not above £3 as profit taking - rightly so in the current situation - stopped it going any higher. They should rise but not as much as last time round, I guess about £2-50 max.