Sober wrote:Pirate wrote:Hi Wazuans,
I bought a number of OTC shares for Jamii Bora 2 yrs ago . The bank has since been on an expansion with financing from a rights issue over 1 yrs ago and is planning to borrow about 5B from a combination of strategic investor , convertible debt and rights issue.
My concerns are increasing share price dilution due to the rights issues and its long strategy, which is not very clear to me right now.
Looking for advise or leads to determine to buy more ,hold or sell .
How does one buy the shares OTC? I am interested.
Get in touch with the legal officer from the head office. They will notify you on shares available for sale.
You will need to open an account with Jamii Bora , then deposit the amount of money you'd want to buy shares for to make it faster. It took me about 6 mths before getting someone who was selling .
Knowledge is power , but action gets things done ...