Comments for Kenya: Does the Co-op Bank IPO Still Make Sense? at http://www.ratio-magazine.com , comment 0 to 1 out of 1 comments http://www.ratio-magazine.com Thu, 11 Mar 2010 14:47:06 +0100 FeedCreator 1.7.2 http://www.ratio-magazine.com/20081024260/Kenya/Kenya-Does-the-Co-op-Bank-IPO-Still-Make-Sense.html#pc_8 Until we get to look at the prospectus it does not hold that the shares are 'cheaper'... Perhaps COOP is selling fewer shares. As is, the problem in Kenya is that Share Offers are expensive thus many firms raise the cash that they do not need just to avoid another round of fund-raising. Yes, they could issue a bond but the process takes too long. Furthermore, the cost could be relatively high with the fees & current mood. - coldtusker Fri, 24 Oct 2008 13:39:18 +0100