Behavioral Finance case study

Somewhere in Africa an首次公开募股raised 90% of the funds through retail investors. This should count as a Harvard behavioral Finance case study? Usually the norm is 90% Institutions and 10% retail.

The company is a telecommunications company that was owned 100% by the government. The government then sold 50% of it's stake.

Out of the 492 Million raised, 460 Million was raised from retail investors. The company is currently doing well with the highest dividend yield, around 9% (average of 4%), and the stock price went up by 47% from the首次公开募股date in 18 months. The population of the country is 2 million people.

Comments (2)

5y
TippyTop11, what's your opinion? Comment below:

The government fleeced its own people.

hahahaha.

26 Broadway where's your sense of humor?
5y
Tedypendah, what's your opinion? Comment below:

Eum officiis id ratione explicabo tempora nisi quos. Doloribus et harum officiis optio. Illo perspiciatis beatae eos ut magni quasi temporibus. In molestias et qui velit optio sed aut.

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