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co-op shareholding in CIC
bartum
#1 Posted : Friday, August 05, 2011 10:26:01 AM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
latest info has it that coop bank holds 24.9% of cic but the previous 21%. How will this affect cic future
Hunderwear
#2 Posted : Friday, August 05, 2011 10:42:38 AM
Rank: Member


Joined: 4/14/2011
Posts: 639
bartum wrote:
latest info has it that coop bank holds 24.9% of cic but the previous 21%. How will this affect cic future

This wil create a more synergistic relationship bt them but not good for cic shareholders as these are extra shares issued.
jerry
#3 Posted : Friday, August 05, 2011 12:23:06 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
and what's the current OTC price of the share?
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