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TPS Serena Rights & Bonus
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BGL
#21 Posted : Tuesday, September 21, 2010 1:32:35 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Gordon Gekko wrote:
93% subscription. Applause Applause Applause Just wish I had asked for more than my allotment as this one is going places.


It was oversubscribed by 35.33% http://www.nation.co.ke/...006/1015136/-/o2jux1z/-/
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Gordon Gekko
#22 Posted : Tuesday, September 21, 2010 1:32:48 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
@wa_ithaka, nimetuna ile mbaya. It was oversubscribed. It is 93% who took up their rights. Those who took more drove the subscription beyond 100%
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Murenju
#23 Posted : Wednesday, September 22, 2010 6:59:53 PM
Rank: Member


Joined: 7/13/2006
Posts: 94
Location: Nairobi
oversubscribed by 35%. That means you get a refund!
Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
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VituVingiSana
#24 Posted : Wednesday, September 22, 2010 7:12:21 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,137
Location: Nairobi
1,000 'extra' shares then 12% above 1,000 for those who applied for additional shares...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#25 Posted : Wednesday, September 22, 2010 7:45:13 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Damn thing trading at 65
Life is short. Live passionately.
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Gordon Gekko
#26 Posted : Thursday, September 23, 2010 8:08:18 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
I hope against hope that SCB will be similarly undersubscribed. I asked for an extra allocation.
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VituVingiSana
#27 Posted : Sunday, September 26, 2010 11:35:01 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,137
Location: Nairobi
@GG: I hope so too... but the truth is I doubt it! TPSEA had a mere 7% not subscribing... & I expect even fewer not doing so...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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