I still wonder If you invest in this bank do one do it for speculative purposes or why would one invest in this bank.
First of all the shareholding structure is skewed in favor of the Govt not only as majority share holder in ordinary shares but also as having twice the number of shares in 6% preference shares.
If the govt was to convert its preference shares into ordinary shares that would be one hell of a dilution.
IF plans are underway to privatize this bank then it will be interesting to see how the govt will divest from this bank without serious dilution to ordinary shareholders.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3