Im flattered that the price we predicted is what is trading right now!
Im seeing that the demand is there but so is the selling, 20 million worth of shares traded so far.
This means that if the sellers are more and the demand dries up, the sellers may get desperate and sell lower. And thats where we'll be waiting for them. If it comes to pass of course.

biased: wants to buy lower

... and damn registrar has not updated cds accounts properly (only 4 out of every 5 shares have been allocated). chaps could be fearing that if they sell now they will loose out on the unallocated portion

@mwekezaji @Aguy - Will you go for the Investor Briefing tomorrow? I might not make it due to other work commitments. Extensive updates.

What are 2Q prospects?
Why a weak 1Q vs other banks esp DTB?
Uganda branch/subsidiary?
Any other countries e.g. SS?

Todays NSE corporate announcement read:

I & M Holdings — Please find salient features of I&M Holdings Instrument ID I&M ISIN ke000000125 Sector MIMS Issued shares 363,722,034 Par value Kes 1.00

I wonder what becomes of the 28,640,005 CTL shares which have not been listed together with the I&M Holding shares

Ideally, I&M Holding should be having 392,362,039 (363,722,034 + 28,640,005) shares with Par value of Kes 1.00