Thursday September 24, 2020

BoI shareholders face wipeout on latest investment

Bank of Ireland shareholders who stumped up cash less than six months ago to subscribe for new shares in the bank’s rights issue are facing further heavy losses on their investment.

27th November, 2010
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Bank of Ireland shareholders who stumped up cash less than six months ago to subscribe for new shares in the bank’s rights issue are facing further heavy losses on their investment.

Investors who bought new shares last June are already nursing a 52 per cent fall in the value of their investment.

As talks continue this weekend between officials from the EU, the ECB, the IMF and the Central Bank, it now looks likely...

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