So I am trying to understand why the bank has opted to terminate the ADR, as did the Bank of Ireland which has lost value since from 9 to 7 Billion since then; however, NBG is near rock bottom already. Perhaps the bank wants to create confidence and stability in the SP, minimizing currency exchange arbitrage and day/swing trading which would also serve to raise the price as a reverse split is a bad idea as look what happened to Piraeus after their split. Additionally, it could be seen as a fiscally responsible thing to do, irrespective of performance. The least likely reasons: Could the bank be acquired? Is there some weird reason to make it hard for us little guys to capture this emerging market, but that doesn't really make sense. Any thoughts?