semaj the reporter is right that the project is not a done deal meaning it hasnt been completed,but to say that to say that share division between the eleven compaies hasnt been completed look at this section
[ According to the arrangement,the next stage will be for the companies to sign a shareholders’ agreement with the Government committing them to pay the full amount of the shares they have been allocated.]
Obviously since a lot of billions will come out of it the losers will not go down without a fight.
Also look at this statements used - I gather,In my own view,I say so because / There are a lot of personal views and facts mixed in the story .
If you remember just before the Ipo a certain reporter said that no retail investor was allowed to apply for more than 500,000 worth of sacom shares and si kibaki applied for 5 million worth of shares.
I also dont think the privatistion commission is going to reduce sacom share in the deal considering the uproar caused by the allocation it will be like stealing from the mwananchi again.
Guys I also heard in last nights news Michael Joseph saying that they will raise some cash for expansion through the stock market some time nextyear I dont know what they are planning but lets be prepared.
lie is a tragedy to those who feel while to those who think its a comedy