International Energy Insurance PLC Public Offer started at N3.2 N they pumped it to over N9.64 now its crashing

We have seen a pattern like this many times. Whenever a company on the Nigerian Stock Exchange is raising money via a public offering, the stock will go up by a lot until the offering closes, then it starts to drop. Many say they do this to get more people to subscribe to the offering, as they are trying to raise money. This also means that investors may lose out, because if you subscribe now, they will not release the stocks to you until six months from now, and prices may have dropped... Read more

  Economy   Jun 10, 2026   0   5  Add to Reading List
International Energy Insurance PLC Public Offer started at N3.2 N they pumped it to over N9.64 now its crashing
We have seen a pattern like this many times. Whenever a company on the Nigerian Stock Exchange is raising money via a public offering, the stock will go up by a lot until the offering closes, then it starts to drop. Many say they do this to get more people to subscribe to the offering, as they are trying to raise money. This also means that investors may lose out, because if you subscribe now, they will not release the stocks to you until six months from now, and prices may have dropped...

Read more
Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow