obiero wrote:5 key questions to ponder prior to dismissal of PJT Partner's KQ restructuring deal and its subsequent ripple effect on the share:
1. Exactly/approximately how many new shares are being created?
2. What price was agreed for the purchase of each new share
. Or maybe this wasn't discussed?
3. Will the new issuance imply that minority shareholders get diluted with no recourse
pro rata
?
4. When will KQ turn a profit
at the earliest?
5. Why are there no bulk sellers since the cautionary statement filtered out. Could it be that investors are eagerly waiting to sell at KES 2 to @spikes & Co
Don't worry man. Some of us hold Atlas shares. We were diluted 3 times. Atlas has not yet produced results for 2016 and we don't know whether we will ever get our money back.
All of this has happened under the watchful eye(not) of the CMA. Usikonde mutu wangu...atleast KQ tries to be accountable to shareholders. Carl Esprey (the conman) fleeced us of our hard earned cash
Dumb money becomes dumb only when it listens to smart money