Dangote Refinery IPO Discussion

Bro I have been hearing about it, I just don't have enough information about it. I hear each share costs around N525 which for me is pretty expensive but idk, I would like to hear from other members here.

Yes each Dangote share costs N525 at the IPO which closes on October 13 this year

I just placed an order for 20 Dangote Refinery shares via the Cowry Wise app

WOW so how did you make the payment?

Can foreigners take part in the Dangote Refiner IPO?

Sir, what's the minimum amount of Dangote Refinery shares I can buy?

Buy at IPO primary market or wait to buy from secondary market which one is really cheaper? 🤷

I'm interested oh

Nice opportunity to own shares, at least we will invest the profits we make from trading so our money will work while we sleep 🏖️🏖️🏖️🏖️

iykyk

You will be surprised how many Nigerians will miss this IPO, they are not used to investing in equities 🤣🤣🤣

I just like that he pays dividends

Yes, but let me ask, is it everyone that subscribes to this IPO that will be allocated shares? What happens if it the Dangote Refinery IPO is oversubscribed?

You know my fear is what if a new president comes and re-introduces fuel subsidy, will it affect Dangote Refinery?

Buy first, ask questions later 😊

Oversubscribed how?
You buy shares, the price goes up, is thatt now how? You buy shares, the price goes up, is that not how trading works?

Lol. Please don't do that.
Make sure you understand what you're getting yourself into and the risks involved.

Its possible an IPO can be oversubscribed, and in such an event, if you applied for say 100 shares you might only get 50

10 shares minimum

Its hard to predict, sometimes after an IPO the share price can drop just like in the case of SpaceX (SPCX)