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Thread: Warka court victory over cbi

  1. #11
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    Will the CBI issue them loans if need be as it should have done according to the article?
    MWNN

  2. #12
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    It would be better than Al Bunnia executing another rights issue! LOL
    Quote Originally Posted by manwithnoname View Post
    Will the CBI issue them loans if need be as it should have done according to the article?
    MWNN
    "There are plenty of reasons NOT to buy the Iraqi dinar this year, and plenty of great reasons to buy renminbi instead. So I say stick to the currencies that have value, and leave the dinar for the speculators who donít know any better." Sean Hyman
    Editor, Currency Cross Trader

  3. #13
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    Quote Originally Posted by Uno View Post
    It would be better than Al Bunnia executing another rights issue! LOL
    With you on that one as well :-)
    MWNN

  4. #14
    He continued that "trusteeship and in accordance with the law is 18 months, renewable for another 18,"

    Doesn't look like this will be resolved any time soon........

  5. #15
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    Quote Originally Posted by ISX Maniac who uses Warka View Post
    He continued that "trusteeship and in accordance with the law is 18 months, renewable for another 18,"

    Doesn't look like this will be resolved any time soon........
    Reading the whole article it says that the CBi can put them under tutelage for 18 mnths and extend it for another if need be. It appears that the decision was to quash the tutelage as it it should never have been implemented in the first place.
    The question is.. What is the banks position on its liquidity?
    MWNN

  6. #16
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    Thanks, Stevie for your e-mail!! You made my morning. Praise God!!

  7. #17
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    This is wonderful new for all Warka folks.

  8. #18
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    Thanks, Seaview for your diligence in keeping us apprised of Warka (Iraq) news.

  9. #19
    Supporter and Investor! calstar's Avatar
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    Thanks seaview

  10. #20
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    if BWAI are eventually relisted, do you think there will be a massive sell off, of their shares?

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