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Do i need a minimum of 1Million for Bralirwa IPO?
rogersha82
#1 Posted : Friday, December 10, 2010 12:35:44 PM
Rank: New-farer


Joined: 5/26/2010
Posts: 13
Location: Nairobi
I inquired from dyer and blair bout the Rwandan IPO and they let me know i required a minimim of 1,000,000 shillings to buy the shares. Is this applicable to all stock broker?
Cc Wazuans!
DOM2002
#2 Posted : Wednesday, December 29, 2010 3:14:47 PM
Rank: Member


Joined: 7/20/2009
Posts: 11
Does any wazuan have any prliminary report on the the progress of this IPO apart from the finance minister Mr John Rwangombwa indicating an oversubscription of more than 240%(www.newtimes.co.rw/pdf.php?issue=14478&article=36684)was anticipated?Applause
The Merchant
#3 Posted : Wednesday, December 29, 2010 3:46:26 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
It seems like a sure thing but the logistics are what are keeping people away. Now with the oversubscription and inherent illiquidity and it gets less attractive. Maybe we could all rush for it once listed. Looks like a stanbic to me.
Ilikeyou
#4 Posted : Tuesday, January 04, 2011 10:51:55 AM
Rank: Member


Joined: 11/21/2007
Posts: 152
Location: Nairobi
@DOM2002,The Merchant & Wazua

Any developing news on the Bralirwa IPO?
livie
#5 Posted : Tuesday, January 04, 2011 5:48:30 PM
Rank: Veteran


Joined: 11/1/2008
Posts: 834
@rogersha82
i bought few hundred at faida stocks so i guess it is possible to buy without a million bob in your pockets...
If you are going to be thinking only one thing, you might as well be thinking big. -Donald J . Trump
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