So what’s the deal with the secondary share offering?
5 replies (most recent on top)
@1sfa+1sMkY6Kg it's like comparing an Executive game to Vegas... Rigged on different degrees.
Retail offering is open now via your local bank, I had a look at the price is 29SAR…that’s 2% ABOVE the current price!!!
What a complete failure!
Heads will roll.
Look on the bright side, you might get some free shares out of it…
And people think the US markets are rigged...
The PR says it was "fully marketed". I read that as wealthy Saudi families were intimidated into buying ahead of the offering. Therefore, no need for due diligence sessions at the Ritz.