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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:hisah wrote:Closed at all time low at KES 1.00 Will this be the first stock to trade below parity at NSE?  Technically speaking, the stock is already at zero worth, so any price drop is irrelevant. Though ideally no stock can trade in cents territory Technically speaking, is there any other stock at zero worth? Please help! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:hisah wrote:Closed at all time low at KES 1.00 Will this be the first stock to trade below parity at NSE? Technically speaking, the stock is already at zero worth, so any price drop is irrelevant. Though ideally no stock can trade in cents territory Technically speaking, is there any other stock at zero worth? Please help! This is the only one I can think of
KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:VituVingiSana wrote:obiero wrote:hisah wrote:Closed at all time low at KES 1.00 Will this be the first stock to trade below parity at NSE? Technically speaking, the stock is already at zero worth, so any price drop is irrelevant. Though ideally no stock can trade in cents territory Technically speaking, is there any other stock at zero worth? Please help! This is the only one I can think of I know of others in negative equity territory. Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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hisah wrote:Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff. The most honorable thing for the management would have been to ask for delisting.. Then gather the pieces at OTC
KQ ABP 4.26
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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obiero wrote:hisah wrote:Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff. The most honorable thing for the management would have been to ask for delisting.. Then gather the pieces at OTC I agree that it should be delisted. The market has emphatically voted no confidence with a landslide margin! Closed at 95cts. 100 shares requires KES 95 for the minimum trade rule!!
CMA the market is watching...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:obiero wrote:hisah wrote:Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff. The most honorable thing for the management would have been to ask for delisting.. Then gather the pieces at OTC I agree that it should be delisted. The market has emphatically voted no confidence with a landslide margin! Closed at 95cts. 100 shares requires KES 95 for the minimum trade rule!!
CMA the market is watching... No need of delisting. Let the market control itself. Zero is the limit! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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VWAP will close today @90cts. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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hisah wrote:VWAP will close today @90cts. Saw that today and i was like ... for real  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 10/3/2008 Posts: 4,058 Location: Gwitu
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Angelica _ann wrote:hisah wrote:VWAP will close today @90cts. Saw that today and i was like ... for real I wonder who is buying and selling this stock! Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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