More details emerge today on Africa Oilfields Limited (or AOL as i see them being called).
1. To list by December this year
2. To list by introduction. Not seeking to raise any capital
3. To offer 10% of its shares at the NSE. My maths puts that at 39.4m shares. No price indication.
4. Revenue FY13 = KES 1.95bn. Revenue HY14 = KES 1.8bn. Seems quite impressive.
Anyone familiar with them?
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