@YBC your back again conveniently when the price has fallen...

You will shout SELL SELL SELL all the way to 2030...

Then I'll probably sell to you but at no less than 250 bob

@guru267,
I have just seen my email, I did get a huge chunk of rights @KES 0.5 each.

Ok let me rephrase.

I don't think if the public could get their hands on G.O.K rights at 0.5 premium the share would be still trading at 23 which is a 3.5 premium...

Plus the high for the rights on the day was 2.85 and the low 0.5....

This means the public who were buying rights from other shareholders were buying at 2.85 and G.O.K rights sold to selected institutions at 0.5 not to the public...

The 0.5 deals were already pre planned and executed...

I was at dyer and blair yesterday at 3.00pm and people were buying the rights at 20.50 I.e 1 bob they closed the sale at 4.30 without telling those in the queue about the deadline(4.30) by the time I was to be served it was 5 pm we were told selling of rights was over we could only buy the shares at 22.50 we protested but they said they had announced about the deadline, but all we could see was the 6.30pm deadline ....I think we were played.

The point I am trying to drive is there was some sinister plan.why would one dump such huge volumes of rights In the last minute and then lock out retail bargain hunters like us.

I think Institutional investors bought the rights at a very low price making the retail investors miss the bargain.