ADUC – Article – Banca di Credito Popolare di Torre del Greco (Bcp) shares: price falling to 14.30, zero trades

ADUC – Article – Banca di Credito Popolare di Torre del Greco (Bcp) shares: price falling to 14.30, zero trades
ADUC – Article – Banca di Credito Popolare di Torre del Greco (Bcp) shares: price falling to 14.30, zero trades
A new intermediate observation period at Vorvel (formerly Hi-Mtf) for Banca di Credito Popolare shares ended last Friday. A two-month period in which the negative trading record was reached, with zero shares traded during nine consecutive weekly auctions. To avoid the widening of the oscillation band, at least 7,767 are needed, but this time the “little hand” did not stand out as had happened several times in the past, including last two months

The consequence is that, without prejudice to the reference price of 16.20 euros which is reviewed once a year, the oscillation band has been increased from 8% to 12% and the minimum price at which proposals for trading consequently dropped from 15.00 to 14.30 euros.
This time too, as happened in the past, when the trading book was reopened on Monday 29th, the best informed placed themselves ahead of the others on sale, taking advantage of the new price. This does not mean that the possibilities for sales are very limited, but at least those who are quickest can take advantage of any future interventions of the “little hand”.

We therefore update the performance of the Banca di Credito Popolare share price over time, with the drop of 56% from the 2016 high and with no real possibility of selling on the horizon.
Year Price
2016: 32.50
2017: 28.83
2018: 25.86
2019: 11.20pm
2020: 11.20pm
2021: 21.80 (start of trading on the Vorvel – Hi-Mtf market)
2022: 18.80
2022: 17.90 (band widening)
2022: 17.10 (band widening)
2023: 16.20
2024: 3.00 pm
2024: 2.30pm (band widening)

Old and new shareholders of Banca di Credito Popolare di Torre del Greco interested in information and assistance on compliance with the law, especially regarding the assessment of the risk profile, warnings on the specific characteristics of the shares, on conflicts of interest and on the illiquidity of the instruments can contact our consultancy services.

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