Investors Bite

Dropbox IPO priced higher than expected on strong demand

22/3/2018/Reuters Liana B. Baker, Nikhil Subba   Dropbox Inc’s (DBX.O) initial public offering, the largest tech stock debut in more than a year, was priced at $21 per share, the company announced on Thursday, higher than expected. At $21, the San Francisco-based company will have a market cap of about […]

MTN Raises Target for Ghana IPO to $787 Million

22/3/2018/Bloomberg By Moses Mozart Dzawu Share sale awaiting regulatory approval, likely to begin April Mobile-phone company preparing to list 35 percent stake MTN Group Ltd.’s Ghanaian unit lifted its target for an upcoming initial public offering by more than a half to 3.48 billion cedis ($787 million), according to two […]

Chams Plc Reports N1.26 Billion Loss in 2017 End

By InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s leading identity management and transaction payments systems solution provider, Chams Plc on March 22, reported a loss of N1.26 billion in the audited year end December 31, 2017 compared to N1.52 billion recorded a year earlier. Chams posted a pretax loss of N1.23 billion […]