Dahatre wrote:Good to see a healthy dose of skepticism here..
Its sobering to remember that once you buy in you cannot get out..literally. Shares are not redeemable, you cannot borrow against them or sell them to someone else officially.
Was actually wondering (maybe overthinking) why will they not allow you to borrow against your shares if they are worth something. They could do the normal haircut. If you have shares worth one million you can borrow 700k for example. Kwanini wanaogopa shares zao kama collateral??
#JustAsking.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.