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Will Dangote Flour Ipo Be As Sweet As We Thought? - Investment - Nairaland

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Will Dangote Flour Ipo Be As Sweet As We Thought? by rev(m): 12:26pm On Sep 11, 2007
hello,

Recent developments has got me thinking about the suitability of my investing in the public offer of Dangote Flour.

1.Reports out there indicates that there is going to be a preferential allotment to the tune of 60%. i.e the public is left with a paltry 40%.

2.Dangote has lost its unfair advantage it has over its competitors. the yaradua govt has revoked all import wavers extended to the group by the past adminstation of Aremu,okikiola,mathew,obasanjo.

what does this portend for the average investor out?

well, do a through job by checking the facts. Don't rely on media HYPES

Good luck

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