Tuesday, March 25, 2008

Safaricom IPO Prospectus

The thing has been leaked (that link has been disabled so either email me or try this website courtesy of ColdTusker).
Amazing:

  1. its now 3.4bn shares for retail investors. Cue inevitable oversubscription.
  2. unless you have Ksh30mn, you won't be able to buy as a foreigh institution
  3. only CMA can register you as a QII-these get 2.7bn shares
  4. the thing lists on 30th of May-refunds will take a while after that.
Verdict:
  1. spilt your bucks into two. some for safcom ipo (it'd be foolish to reading about it in the newspapers) and the other half in the put in the normal counters.

1 comment:

coldtusker said...

Si... u give me some credit for finding the prospectus on InvestingInAfrica?

LOL... spread the good news...