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Kenya airways Right Issue
Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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This company is likely to be sued unless common sense prevails http://www.delawarelitig...whose-equity-is-diluted/ COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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August 7th it is COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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August 7th it is.. COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:August 7th it is.. Election eve John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Spikes wrote:obiero wrote:August 7th it is.. Election eve Special resolution number 2 reads that each ordinary share of KES 5 be subdivided into one share of KES 0.25 COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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obiero wrote:August 7th it is.. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/7/2012 Posts: 11,941
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mlennyma wrote:obiero wrote:August 7th it is.. You can imagine someone holding hundreds of thousands like poor obiero ...how much more money do you have to throw in?previous rights was at 14. Who will buy into the rights? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Angelica _ann wrote:mlennyma wrote:obiero wrote:August 7th it is.. You can imagine someone holding hundreds of thousands like poor obiero ...how much more money do you have to throw in?previous rights was at 14. Who will buy into the rights? obiero "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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mlennyma wrote:Angelica _ann wrote:mlennyma wrote:obiero wrote:August 7th it is.. You can imagine someone holding hundreds of thousands like poor obiero ...how much more money do you have to throw in?previous rights was at 14. Who will buy into the rights? obiero Total shares issued now rises to 29.9B.. Conversion price KES 2.13.. The same occurring via a share split and eventual consolidation with a factor of 1:4, resulting in 7.4B final listed shares. I await the Open Offer of 1.5B whose price the exchange bar notes has been agreed in principle to fall below KES 1.6.. There is no rights option so indeed I will buy to mitigate dilution of 95.5%, noting that the KQ Lenders Co Ltd, GoK & KLM will not participate in the issue. GoK now holds 45% of KQ.. KLM founding agreement of 1995 abolished. KQ now in positive equity of KES 11.5B. Sit tight  COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:August 7th it is.. Election eve Special resolution number 2 reads that each ordinary share of KES 5 be subdivided into one share of KES 0.25 Massive dilution! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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