Overwhelming oversubscription from the retails segment group at 70.9% agains 30% allocation, employees/life policy holders/agents oversubscribed 5.2% against 3% allocation,QII's undersubscribed 23.7% against 37% and there was a massive undersubcription by foreign investors who took up only 0.3% of an allocated 30%. (source: Daily Nation Pg.29)

Are global markets doing that poorly for foreign investors to take up such a measly portion or is it the looming elections that have kept them off?

The massive oversubscription subscription by wanjiku means guys have a lot of confidence in the company/directors/industry/something. Your take?

@smano Wanjiku's do not know what theyre doing...look at my research report on Britak and you will see no fund manager or foreigner will buy the share @ Sh9.

http://www.businessdaily.../-/trqj7mz/-/index.html

Britak is another case in point.....

I personally didn't/don't think 9 bob was value for money against the total value of the Co. sorry. There are better things to buy at 3,500* points.

remember when co-op fell to 5bob soon after.. When wanjiku starts selling BRITAK at 4bob.. Thats when i'll get in..

For all Kenyans who did not read the prospectus and allowed themselves to be duped by James Mwangi and crew My sincere and heartfelt apologies to you all because you will soon know what it feels like to flush money down the toilet..