I bought some Anglo Irish shares last year. Now I've got a letter from my broker saying the shares have been removed from the register.
Does this mean the shares have actually ceased to exist? If the government has taken over ownership of all the shares does it mean the shareholders are at a total loss?
Re: Anglo Irish shares: shares have been removed from the register. What does this me
yes.
government has taken the shares and at some atage in the future an inspector will be appointed to see if there is any value on the bank that will be returned to the shareholders.