Spikes wrote: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! That's serious underestimation @spikes
I will go praying for minority shareholders aka @obiero and the choir at uhuru park, but pride centre ng'o sikanyanyi. Hata ningerushwa huko na canon launcher, siwezi make.
That's called revaluation and consolidation of a massively/ grossly misvalued stock after severe impairment of assets and especially where such a valuation is essential for a coerced aka negotiated capital restructuring to engage with strategic investors aka banks who have insisted on book cleaning first. Humble pie it is. Finally can kicking has come to an end and worms are popping all over at tumbili. The fact that none was ready to touch this estranged kqueer without guarantee from uncle Sam, let the cat out of the purse. Na bado, hiki kitendawil kina kishindo.
Someone should vote wisely if they have been saved from being drawn and being quartered. Narrow save, but the pain must be palpable.
Those inside you are lucky, but whipping ndio mtapata. But at least, you were not summarily bought all in Lump sum @100/=(@spikes prediction nav) by angrily ocreditors or statutory woundup and liquidated and sent packing with nothing as mere ordinary mortals. Your absolute title to kqueer diminished to nothingness half a decade away fyi.
,Behold, a sower went forth to sow;....