This is just crazy!
Treasury invested 262M in Stanlib I-REITWhy did treasury invest here yet this is not a gok related activity? What is going on?
After all this PPT effort (IFC and treasury) this IPO has failed to launched! What a pity!
Proves that you can manipulate a market, but only for a while. Eventually the market reverts to its own course. Nobody is bigger than the market unless one can commandeer the entire market psychology.
All the best to the other upcoming I-REIT listings.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!