Quote:
Originally Posted by knightofdelta
We are still waiting. I called their registrars and they were not sure either.
The Knight of Delta.
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I don't want to be quoted, but here is my take: Crusader, for the most part, since it has been placed on TS has been on a BID,.. signalling huge investors interest and potential for massive oversubcription of the coming offer. The other clue is that they may be working or finalizing agreements with foreign or local institutional investors that will be taking the most chunk of the offer ..."Think Preferential Allotment" .
Further on Preferential Allotment, Crusader is one I would consider an institutional quality stock with a gaint like the NSITF holding a huge stake of the company. I would expect that Crusader would allot shares to NSITF enough to at the least maintain NSITF current % holding.
I would consider mopping some shares of Crusader from the floors of the exchange now to avoid the inevitable blood bath that comes with allotments for oversbcribed issues . Personally I have since said goodbye to POs & PP.
I already foresee big money all over this offer. To help decide where or how to allocate funds between the PO or purchase stock through the exchange... you can use the "Public Offer Desicion Table" in the Financial Tools section of this link
Nivestors - Resources .
For what it's worth this link
Quotes | | Africa - Reuters.com hinted on where investors might be focusing on the next wave of financial sectors boom...mentions were made of Crusader and Cornerstone.