I do sympathize with investors who buy into KQ in the belief that GOK will buy them out at KShs 8.52 for the following reasons:
1. Buy out is a mere recommendation by parliament after they rejected PIIP. Nothing concrete.
2. No timelines given for the proposal. It might turn out an infinitum wait like Christians' wait for second coming of Christ.
3. No assurance that buy out will be at Kshs 8.52 for minority shareholders. KQLC did a conditional conversion on agreed terms. Not so with minority shareholders.
4. Too big to fail is a fallacy.
Life is short. Live passionately.