sparkly wrote:ProverB wrote:2012 wrote:I can bet you if they did a reverse split and only has 4B shares they would never trade below 60/- while nothing else would have changed including the 1/- dividend the perception would be different. Look at equity with almost 4B shares gaining by sometimes more than a shilling a day.
Reality. that is not happening anytime soon.
my argument...no need to get all excited unless you are a momentum trader..or behavior trackers hence larger risk threshold... But as investment.. safaricom is not the better option here.
Ask yourself if you would buy the whole company...
A better question would be, would you buy the whole company at
220 Billion (i.e 5.5/= * 40 Billion). Now, would you?
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.