psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html
Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue.
The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients.
the reason they are trying to hype the share and ensure successful rights issue
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope