This IPO is all wrong. The Government should divest its shares independently of the IPO.
Already prior to the IPO, the government was given 100 shares for each share it owned. At 2.65 cedis a share this means each origina ... read full comment
This IPO is all wrong. The Government should divest its shares independently of the IPO.
Already prior to the IPO, the government was given 100 shares for each share it owned. At 2.65 cedis a share this means each original share translates into 265 cedis!
This is IMHO unethical. The proceeds for the IPO should go to ADB exclusively. The government should then try to sell its shares on the secondary market!
This whole deal STINKS. It is a BAD deal for any would be investor. The IPO is hopelessly overpriced.
Having the same people at the helm compounds the situation!
akonoba 10 years ago
adb board and MD are not credible.
adb board and MD are not credible.
Farmer 10 years ago
Greed, greed and greed all the way. Why not when the Minority have been unsually quiet about it. Their leadership has not uttered a word.
Greed, greed and greed all the way. Why not when the Minority have been unsually quiet about it. Their leadership has not uttered a word.
Tama 10 years ago
I wonder why this iPo is the right thing to do with same management who have Adb over its knees the bank is hugely underperforming compare to its peers. Why can't govmnt change management n restructure Adb before selling i ... read full comment
I wonder why this iPo is the right thing to do with same management who have Adb over its knees the bank is hugely underperforming compare to its peers. Why can't govmnt change management n restructure Adb before selling it
Short Memory 10 years ago
Yes now that their plot to destroy the man(Afenyo Markin) have succeeded in his exposer of the NDC's tycoons greed in stealing ADB just as they stole Merchant Bank. They now want to proceed with their diabolical act of steal ... read full comment
Yes now that their plot to destroy the man(Afenyo Markin) have succeeded in his exposer of the NDC's tycoons greed in stealing ADB just as they stole Merchant Bank. They now want to proceed with their diabolical act of stealing state properties that were set up by K Nkrumah. These crooks have succeeded in destroying and stealing all state properties without leaving non standing. These ppl are nothing but thieves.
This IPO is all wrong. The Government should divest its shares independently of the IPO.
Already prior to the IPO, the government was given 100 shares for each share it owned. At 2.65 cedis a share this means each origina ...
read full comment
adb board and MD are not credible.
Greed, greed and greed all the way. Why not when the Minority have been unsually quiet about it. Their leadership has not uttered a word.
I wonder why this iPo is the right thing to do with same management who have Adb over its knees the bank is hugely underperforming compare to its peers. Why can't govmnt change management n restructure Adb before selling i ...
read full comment
Yes now that their plot to destroy the man(Afenyo Markin) have succeeded in his exposer of the NDC's tycoons greed in stealing ADB just as they stole Merchant Bank. They now want to proceed with their diabolical act of steal ...
read full comment