Anglo Irish Bank is having an EGM at the end of January to see whether they'll have a share split. Current price is Euro 18 but split price will be Euro 6. Should be able to buy them for around Euro 5.5 a week or two after the split.
If the split occurs I have no doubts that they'll motor along again ( look at the historic chart ).
Furthermore there is no new provision of bad debts as the current provision is enough to last them over the next few years. I have made plenty of money from Anglo in the past and if the split happens I'll be buying back in.
Of the banks in Ireland - Anglo is the cream of the crop.
