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Question of the Day: What's the most interesting small town you've visited in South Africa?
Cheap MTN shares offer for disadvantaged opens
- Thread starter rpm
- Start date
stoke
Honorary Master
LAWL.
Shares were originally purchased at R28,52 in 2002. Nice profit there NEF.
Shares were originally purchased at R28,52 in 2002. Nice profit there NEF.
You simply cannot pass up an offer like this.
mancombseepgood
Executive Member
Nice of them to sell shares to pdi's when they have hit the ceiling...
XCentricdave
Well-Known Member
Just what you need when you have bugger all money is a nice risky investment on the the JSE...
As BEE schemes go, this is probably one of the better ones. They just need to be vigilant that the rich don't hide behind trusts and consortium's to get more than they are allowed.
If that is the case then is the purchase price not R7.31 per share if they were originally acquired for R171m?
I understood that the 11.7 million shares to be sold constituted 'half' of the NEF's total MTN shareholding (the shares purchased on 2002)LAWL.
Shares were originally purchased at R28,52 in 2002. Nice profit there NEF.
You simply cannot pass up an offer like this.
If that is the case then is the purchase price not R7.31 per share if they were originally acquired for R171m?
Last edited:
gregmcc
Honorary Master
what about the PANDA's - previously advantaged, now disadvantaged!
ripclaw
Expert Member
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See here: http://finblogs.24.com/ViewBlog.aspx?blogid=14781510-ecc0-48e1-a1a3-0ad6f3e56590
Where there's a will, there's a way.
