Guys, you just cant compare Britak to Jubilee.
Britak is trying to grow into something as big as Jubilee (Jubilee's gross income and regional presence is probably not attainable by Britak in the next 5 years)

What Is worrying me about this IPO is that out of about 5.8Billion raised, 1 Billion goes to pay debt and expenses for the offer, leaving around 4.8 for actual investment.
I have to wonder why they needed to have a 750million loan from cba in their books in the first place and why they are spending 150million on PR and Advertising if this is a Buy stock, the market need not have PR or Advertising.
The idea of pumping 2.5Billion into the property market sounds a little late to me. This market is already hot and I feel that they already failed in capitalizing on the lucrative opportunities.

The global markets don't seem to be doing well with the US debt issues, the Euro zone is also gloomy and Asia feeling the aftershock, That said I'm not touching this stock.

I do hope though that it turns out to be a success so that more companies are attracted to listing.

For those intending to be in Britak, good luck. After all is said and done it depends on you to make money even in the most sorry of situations. Money has been made in eveready, olympia etc. Why do you think they keep trading?. Be warned though, No Assumptions! Good Luck everyone.

He said the company was expecting a full uptake on the pool set aside for foreign investors from South Africa and the United Kingdom.why the two countries, i thought foreign is foreign... there's something fishy here

20 bob times how many issued shares? Kuwa serious guy.