obiero wrote:littledove wrote:
hon nyikai wambura, was he sent by one wazua
This is going to be a very interesting buyout
What happened to the Rights issue that was to happen after the consolidation ? That should be the talk, not a buyout. The buyout is nothing but a scam, played on the minority shareholder. Reduce the holding through a consolidation (1:4), then offfer a lousy price of 8 bob per consolidated share, and expect the shareholder to thank you.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham