When is Dangote Sugar hitting the trading floor?
In my opinion, it is a bit slow coming out of the gate, by now the shares should be available for trading.
People what is delaying Dangote hitting the trading floor; is it something we should be concerned about or is it post-seasonal holiday blues.
Personally, I think its one of two things either it’s grossly over-subscribed and the bean counters are trying to work out distribution formula to best suit each Big Boy investor- be it Bank or individual.
Since we all know there is nothing like stable electricity we know that Dangote Sugar is still not as pretty as Transcorp and God forbid, what if it was under-subscribed! Haba Mallam, all is not well be that!
Under-subscription is equally as bad an outcome, cutting back the fat to the bone and leaving brokers with a lost opportunity.
If you guys have any gist do let me know.
0 comments:
Post a Comment