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Book Cover
Author Jacob, Joshy, author

Title The mispriced ADRs of Allied Irish Bank / Joshy Jacob, Jayanth Varma
Published London : SAGE Publications Ltd, 2017
Online access available from:
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Description 1 online resource : illustrations
Series SAGE Knowledge. Cases
SAGE Knowledge. Cases
Summary In early 2014, it appeared to some observers that investors in the American Depository Receipts (ADRs) of Allied Irish Bank (AIB) were not aware that the ADR now represented only 3.5 shares of AIB and not 10 shares. These observers suggested that certain Irish (and American) market participants cant add up. Moreover, these observers suggested that the underlying shares in Ireland were themselves overvalued, and therefore the ADR was doubly overvalued. The roots of all these issues went back to the nationalization of AIB during 2008-2011 which left only a tiny free float of privately held shares outstanding
Notes Originally published: Jacob, J., & Varma, J. (2015). The mispriced ADRs of Allied Irish Bank. F&A0519 Ahmedabad: Indian Institute of Management, Ahmedabad
Description based on XML content
Subject Allied Irish Bank (AIB)
Investment analysis -- Ireland -- Case studies.
Stock options -- Ireland -- Case studies.
Options (Finance) -- Ireland -- Case studies.
Banks and banking -- Ireland -- Case studies.
Genre/Form Case studies.
Form Electronic book
Author Varma, Jayanth, author
ISBN 9781473993853 (ebook)