Mereja.Forum

[sarcasm]

Ethiopia’s state-owned telecom giant, Ethio Telecom, has officially started offering its shares to the public. 10% of share values available.

100 million shares available.

Each share is valued at 300 birr.

Total share offering: 30 billion birr (10% of company value).

Company valuation: 300 billion birr (~2.5 billion USD).

Minimum purchase: 33 shares (9,900 birr).

Maximum purchase: 3,333 shares (990,000 birr).

Share sales to start: 16th October, midnight to 3rd January 2025.


https://x.com/TeddyTassewK/status/1846591713600499835