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View Full Version : BIBI increasing capital. Anyone Participating?



ISX Junkie using Aljazera
01-07-2014, 07:57 PM
Subscription to BIBI paid-up shares at 1 IQD a share by eligible shareholders began on 31 December 2013 . BIBI had held its AGM on 15 December 2013 , approving capital increase from 155 billion IQD to 250 billion IQD through issuing 0.8476% free shares and 60.442% paid-up shares for eligible shareholders .

Not sure if it want to participate, bank is trading at 1.05 Dinar right now. 60% paid ups would cost me a hefty amount and only .8476% free ones. Anyone have good info on this bank that will help me pull the trigger? Thanks and happy new year!:p

dinar_dude
01-08-2014, 10:41 PM
Thanks for the heads up, but I'm passing on this one.

HumbleGenius
01-09-2014, 12:10 PM
Subscription to BIBI paid-up shares at 1 IQD a share by eligible shareholders began on 31 December 2013 . BIBI had held its AGM on 15 December 2013 , approving capital increase from 155 billion IQD to 250 billion IQD through issuing 0.8476% free shares and 60.442% paid-up shares for eligible shareholders .

Not sure if it want to participate, bank is trading at 1.05 Dinar right now. 60% paid ups would cost me a hefty amount and only .8476% free ones. Anyone have good info on this bank that will help me pull the trigger? Thanks and happy new year!:p

Also factor in the 1% commission you save. I would buy but am locked out by warka so I will miss these also.

ChinaGirl
01-09-2014, 08:58 PM
Also factor in the 1% commission you save. I would buy but am locked out by warka so I will miss these also.

You need to know the Secret Handshake ... practice 2 & 3 repeatedly ...

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