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

Joined: 12/11/2006
Posts: 931
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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  | | Edit by user: Tuesday, January 18, 2011 10:09 PM | Reason: Not specified
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!
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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.
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  | | Edit by user: Tuesday, January 18, 2011 10:20 PM | Reason: Not specified
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?:-D
GOD BLESS YOUR LIFE
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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.
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ngapat
#6 Posted : Tuesday, January 18, 2011 10:34:27 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 931
[quote=Liv]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.[/quote]

40% is dissappointing......
“Invest in yourself. Your career is the engine of your wealth.”
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ngapat
#7 Posted : Tuesday, January 18, 2011 10:36:44 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 931
#-o
“Invest in yourself. Your career is the engine of your wealth.”
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  | | Edit by user: Tuesday, January 18, 2011 10:48 PM | Reason: Not specified
ngapat
#8 Posted : Tuesday, January 18, 2011 10:38:29 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 931
:-(
“Invest in yourself. Your career is the engine of your wealth.”
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  | | Edit by user: Tuesday, January 18, 2011 10:47 PM | Reason: Not specified
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.
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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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  | | Edit by user: Tuesday, January 18, 2011 10:58 PM | Reason: Not specified
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