murchr wrote:VituVingiSana wrote:How many outstanding shares does Cytonn have?
1H PAT for the parent was 186mn including FV adjustments.
Employee costs are 1/3 of revenues and 90% of Gross Profits.
Impairment Losses of 47mn.
I dont think there's a definite number, you can walk in and buy shares like @Obiero is thinking of doing. Those numbers stink!
There still has to be a certain number of outstanding shares as of 31st Dec 2017.
Are the Cytonn shares traded on an OTC?
If yes, who operates the OTC?
If Cytonn also sells more shares on a walk-in basis then how does a current owner sell his shares?
Wouldn't Cytonn wants new investors to buy "newly issued shares" to get cash to invest vs facilitating the sale of shares held by existing investors which doesn't give them "new" cash like what happens on the NSE?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett