Quickmart IPO Price 7.2pc Above Fair Value, Sterling Capital Says
Originally published by AllAfrica News: Kenya — Read the original article →
[Capital FM] Nairobi — Investment firm Sterling Capital has estimated Quickmart’s fair value at Sh6.96 per share, 7.2 percent below the retailer’s offer price of Sh7.50 ahead of its planned listing on the Nairobi Securities Exchange (NSE).