Wazua
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Rea Vipingo takeover at 40/= per share
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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REAT will offer Ksh 40bob to take over and delist Rea Vipingo from NSE. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 9/15/2006 Posts: 3,907
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I see it on Daily Nation page 39.
REA Trading Limited - REAT - principal holdings comprise 57% interest in Rea Vipingo and a 95% interest in an Indonesian company developing a coal mining business.
A threshold of 75% eventual ownership of ordinary shares as takeover condition. Compulsory acquisition and delisting if 90% is the outcome.
All in 75 days
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Rank: Member Joined: 7/13/2006 Posts: 94 Location: Nairobi
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sold so soon! Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Takeovers becoming a new norm
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Could they be buying the land for coal deposits?????
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Of all the buy-outs over the last 10 years, looks a good deal to me. Thieves
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Rank: Member Joined: 11/1/2013 Posts: 257
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zero supply at the market No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sold mine at 19's in january  Just one more year and BAM. double the profits The investor's chief problem - and even his worst enemy - is likely to be himself
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Wazua
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Rea Vipingo takeover at 40/= per share
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