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Private Placements Discuss Nigerian Private placements here. Unlike a public offering, a private placement is a direct private offering of stocks to a limited number of sophisticated investors.

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  #121 (permalink)  
Old 6th November 2009, 12:02 PM
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Default Re: Acorn Oil Pp

http://www.proshareng.com/news/singleNews3.php?id=1617
Acorn Petroleum to raise N20 billion from stock market
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  #122 (permalink)  
Old 6th November 2009, 12:08 PM
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Default Re: Acorn Oil Pp

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Originally Posted by hispy99 View Post
http://www.proshareng.com/news/singleNews3.php?id=1617
Acorn Petroleum to raise N20 billion from stock market
So they did a PP at N2.80 per N1 nominal share, not they want to do a PO at N9 per 50k nominal share?

I wish them luck.
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  #123 (permalink)  
Old 6th November 2009, 01:50 PM
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Default Re: Acorn Oil Pp

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Originally Posted by hispy99 View Post
So they did a PP at N2.80 per N1 nominal share, not they want to do a PO at N9 per 50k nominal share?

I wish them luck.
Was about to say they'll need more than luck to succeed then i remember nothing is impossible in the NSE
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  #124 (permalink)  
Old 6th November 2009, 02:51 PM
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Default Re: Acorn Oil Pp

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Originally Posted by hispy99 View Post
So they did a PP at N2.80 per N1 nominal share, not they want to do a PO at N9 per 50k nominal share?

I wish them luck.
This is a common fast one practised by almost all the companies. If they don't do it this way directly, they give out huge bonus shares (like 20 for 1) and then go for the PO.
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  #125 (permalink)  
Old 6th November 2009, 04:19 PM
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Default Re: Acorn Oil Pp

Quote:
Originally Posted by hispy99 View Post
http://www.proshareng.com/news/singleNews3.php?id=1617
Acorn Petroleum to raise N20 billion from stock market

They must be magicians to get 20billion successfully from the stock market in the present circumstances.
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  #126 (permalink)  
Old 23rd November 2009, 12:34 PM
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Default Re: Acorn Oil Pp

Acorn seems to be warming up to raise a huge sum of N20billion. What are the future possibilities for this company?
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  #127 (permalink)  
Old 1st February 2010, 07:53 PM
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Default Re: Acorn Oil Pp

good day every one,

I bought into the PP of acorn, and they of-course returned part of the money and alloted some shares for me, and i have gotten my certificate.

My stock broker told me that ACORN will be listed in the secondary market 2009, cause only then can you actually trade or sell part or all the units if you wish, but this is 2010.

My question now is that: WHEN WILL IT BE LISTED IN THE SECONDARY MARKET?

Thank you..... your response will be great.... bakinbodunse@yahoo.com is my email....
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  #128 (permalink)  
Old 1st February 2010, 11:49 PM
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Default Re: Acorn Oil Pp

Quote:
Originally Posted by tbaby View Post
good day every one,

I bought into the PP of acorn, and they of-course returned part of the money and alloted some shares for me, and i have gotten my certificate.

My stock broker told me that ACORN will be listed in the secondary market 2009, cause only then can you actually trade or sell part or all the units if you wish, but this is 2010.

My question now is that: WHEN WILL IT BE LISTED IN THE SECONDARY MARKET?

Thank you..... your response will be great.... bakinbodunse@yahoo.com is my email....

Good question, but I doubt if anyone knows the answer though.
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  #129 (permalink)  
Old 2nd February 2010, 10:50 AM
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Default Re: Acorn Oil Pp

Quote:
Originally Posted by hispy99 View Post
Good question, but I doubt if anyone knows the answer though.
Not even the management...
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