obiero wrote:@obiero continues to hold 80,000 KQ shares at ABP of KES 24.20. The Open Offer better bail me out of the 52% investment loss, underwater currents that are pushing me further from the shore. The current KQ share price is unbelievably low post-restructure.. Actually its currently trading at circa KES 2.70.. While GOK, KQLC and KLM hold their stake at entry level of KES 8.52.. Equilibrium will be achieved via the Open Offer which I am informed by the exchange bar shall likely be on a ratio of 3:1 with a striking price of KES 5. Assuming that I shall be able to defend my full allocation at KES 1,200,000 my revised ABP shall then be circa KES 9.80.. My biggest gamble in life so far
Stay strong,brother. My entry target of 10 bob imefika and I will start accumulating for the last trip to the open offer wave.
By August we will either be on a first name basis with the DT dobie MD or we will be jumping out with a +30% gain, which is a pretty good offering in a downward trending market.
Infide vade!! Deus vult!
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.