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COOP Bank shares - Class A
Rank: Member Joined: 9/25/2007 Posts: 96
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Any idea on what should be the price for Class A shares held by Saccos. Under offer is a price of Kshs15 but my gut feeling is that these shares should not sell for Kshs8-10. Any suggestion on what should be a good price?
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Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
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Evolve wrote:Any idea on what should be the price for Class A shares held by Saccos. Under offer is a price of Kshs15 but my gut feeling is that these shares should not sell for Kshs8-10. Any suggestion on what should be a good price? the offer price for all classes is kshs 27/=, where are you getting 15/= from?
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Rank: Member Joined: 9/25/2007 Posts: 96
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@Layman - The shares I am talking about are for Cooperative Bank Ltd and not CIC which I am sure you are referring to.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Evolve wrote:@Layman - The shares I am talking about are for Cooperative Bank Ltd and not CIC which I am sure you are referring to. This is ngotiable since they can only be sold to Sacco socities,demand and supply dynamics will dictate price. Since the Saccos got them cheaply whenever they sell at a price of 3 bob and above is a fantastic return to them
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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What are class A shares and who's offering them? Foresight..
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COOP Bank shares - Class A
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