QW25091985 wrote:2012 wrote:So how can someone get a piece of this from here (Kenya)?
with the share costing 4k how many do you think you can buy !
Enyewe the secondary trading of Facebook shares was at $35.50 (USDKES is at 81.4 at the moment). The fact that it's one of the hottest IPOs ever will limit your the number of shares that a retail investor like yourself will be allocated. Huge institutional investors have expressed their desires to participate heavily in this IPO.
Another avenue could be investing in funds that already have Facebook shares - like T. Rowe Price Media & Telecommunications Fund (PRMTX) invested $12Mn in 507,349 facebook shares in 2011 around $25 per share. They have already made gains with the shares at $35.50 when secondary trading was frozen a week ago.
Our sister company, Winton Investments Services Limited who deal in offshore investments are looking into ways of making these shares available to interested Kenyan investors. Please send your queries to
info@winton-investments.com for further clarification on this matter.
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