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The distorted image and the new price of Attica Bank are causing turmoil

Attica Bank’s share is currently at the level of 1.40 euros, recording significant gains in relation to the new adjusted starting price at 0.2740 euros, although with only 30 thousand units, hands have changed. The stock is traded without the right to capital increase and with a minimum volume is much higher than the adjusted price.

But the distortion comes in the systems of many providers, as the new price is lower than the closing on Friday (3.95 euros), showing a drop of close to 65% in the terminals. In essence, however, it is six times the adjusted price, with domestic analysts recommending attention to how and to what extent the market image is affected by these adjustments.

It is recalled that the shares of Attica Bank are traded without the right to capital increase with a ratio of 49.5265 new shares for each old one. The trading of the rights will start on November 25 and will end on December 3.

Al. Tombra

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