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Gov intervention with bank stocks

  • 08-10-2008 8:04pm
    #1
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭


    could we see trading with irish bank stock brought to a stop by the government if they keep falling? :confused:


Comments

  • #2
    daveirl
    Closed Accounts Posts: 14,483 ✭✭✭✭daveirl


    This post has been deleted.


  • #3
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭ranger4


    daveirl wrote: »
    This post has been deleted.

    If bank stocks declined to very low levels could trading them be halted, Trading in russa and china was halted for days on end when their stocks fell.


  • #4
    Idu
    Registered Users, Registered Users 2 Posts: 1,152 ✭✭✭Idu


    They could but it doesnt mean they would be averse to price fluctuations as BOI and AIB are both traded on the LSE. I'm sure some others are too. The overall market conditions would still affect the underlying stock price, regardless of wether the stock was actively trading


  • #5
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭ranger4


    janets_on_clubs wrote: »
    They could but it doesnt mean they would be averse to price fluctuations as BOI and AIB are both traded on the LSE. I'm sure some others are too. The overall market conditions would still affect the underlying stock price, regardless of wether the stock was actively trading
    Thanks for info.


  • #6
    daveirl
    Closed Accounts Posts: 14,483 ✭✭✭✭daveirl


    This post has been deleted.


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  • #7
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭ranger4


    daveirl wrote: »
    This post has been deleted.
    Remember phoning my broker to sell shares a few weeks back only to be told that there was an auction taking place, as soon as he told me that the Live feed from LSE had froze, Was wondering what was going on, thanks.


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