Just a little speculation on KPLC share restructuring..
IMHO GOK will convert 17billion worth of preference shares at a rate of 1:1 at a 6month weighted average at a price adding 106,250,000shares making the total number of shares 185,378,000shares...
it will then carry a 10:1 share split creating 185,378,000,000 shares
a rights issue will then be carried out at 1:2 ratio at a price of 108shs which will lead to a further addition of 926million shares bringing the grand total to 2.8billion shares
last years EPS is now smashed from 40.16 to 11.4
Mark 12:29
Deuteronomy 4:16