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Bralirwa ipo results
ngapat
#1 Posted : Monday, January 17, 2011 10:24:48 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
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.”
Cde Monomotapa
#2 Posted : Monday, January 17, 2011 11:18:46 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I am equally pleased and in the long run an east africa exchange. Maendeleo makuu!
Liv
#3 Posted : Tuesday, January 18, 2011 10:05:54 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
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.
youcan'tstopusnow
#4 Posted : Tuesday, January 18, 2011 10:09:45 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Liv, I take it YOU are the link again?Laughing out loudly
GOD BLESS YOUR LIFE
Liv
#5 Posted : Tuesday, January 18, 2011 10:17:50 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
@youcan'tstopusnow,
Thanks.... lets hope my source is credible.
ngapat
#6 Posted : Tuesday, January 18, 2011 10:34:27 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
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.”
ngapat
#7 Posted : Tuesday, January 18, 2011 10:36:44 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
d'oh!
“Invest in yourself. Your career is the engine of your wealth.”
ngapat
#8 Posted : Tuesday, January 18, 2011 10:38:29 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Sad
“Invest in yourself. Your career is the engine of your wealth.”
Liv
#9 Posted : Tuesday, January 18, 2011 10:45:01 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
@Ngapat,
Yeah... I felt very disappointed too. I hope the price will more than double.
PKoli
#10 Posted : Tuesday, January 18, 2011 10:51:55 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
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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