Subject: Re: The Lovely Bank Graph Thread Thu Feb 26, 2009 5:00 pm
Luckily I had a graph of Anglo saved from last week - the share trading data isn't there now - not in visual format anyway.
What happened in July that they all got little bellybuttons ?
Ex Fourth Master: Growth
Number of posts : 4226 Registration date : 2008-03-11
Subject: Re: The Lovely Bank Graph Thread Thu Feb 26, 2009 5:03 pm
July was when Quinn had to convert his CFDs into Anglo shares I think. The 10% of stock was going to be dumped in one block.
I need a timeline ...
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Subject: Re: The Lovely Bank Graph Thread Thu Feb 26, 2009 5:37 pm
`Very well Capitalized'
Allied Irish Banks Plc, Ireland's largest bank by market value, increased 11.8 percent to 8.14 euros, the steepest advance since May 1989. Anglo Irish Bank Plc, Ireland's third- largest bank, jumped 13 percent to 4.94 euros.
Prime Minister Brian Cowen said in a Bloomberg Television interview that Ireland's banks were ``very well capitalized'' and didn't need government assistance.
Cowen's ``comments follow similar supportive remarks by the Governor of the Irish Central Bank,'' Scott Rankin, an analyst with Davy Stockbrokers wrote in a research note today.
The following stocks also gained or fell in the U.K. market. Stock symbols are in parentheses.