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Bralirwa ipo results
Rank: Veteran Joined: 12/11/2006 Posts: 930
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just keeping my fingers crossed as the result are expected to be announced on 18 jan. i foresee massive oversubcription and prices soaring when trading commences “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I am equally pleased and in the long run an east africa exchange. Maendeleo makuu!
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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BRALIRWA ALLOCATION RESULTS OUT This IPO was massively oversubscribed. The following is the allocation key expected.
Rwandese Nationals - 100% of shares applied East African nationals - 40% of shares applied Foreigners (outside East Africa) - 20% of shares applied.
For those who want a link to confirm ... please wait for the media to release the information.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Liv, I take it YOU are the link again?  GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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@youcan'tstopusnow, Thanks.... lets hope my source is credible.
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Rank: Veteran Joined: 12/11/2006 Posts: 930
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Liv wrote:BRALIRWA ALLOCATION RESULTS OUT This IPO was massively oversubscribed. The following is the allocation key expected.
Rwandese Nationals - 100% of shares applied East African nationals - 40% of shares applied Foreigners (outside East Africa) - 20% of shares applied.
For those who want a link to confirm ... please wait for the media to release the information. 40% is dissappointing...... “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 12/11/2006 Posts: 930
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“Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 12/11/2006 Posts: 930
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“Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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@Ngapat, Yeah... I felt very disappointed too. I hope the price will more than double.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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I never participated in this IPO but I am keep to know how the stock performs. 270% subscription rate is huge. I did not expect such subscription given the timing of the IPO.
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Bralirwa ipo results
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