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Home Companies Company News

Ibori Who? Oando Shares Is Up 28% After Iborigate ( See Chart)

Nairametrics by Nairametrics
October 23, 2013
in Company News
Ibori Who? Oando Shares Is Up 28% After Iborigate ( See Chart)
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Oando Price Sept:Oct

Its seems like ages ago when a wave of bad news affected the share price of Oando. However, that was just about a month ago with the news that James Ibori had 30% shares in the company hitting the company’s share price as investors dumped its shares. Well, now it appears the company’s PR machine may have just helped the company recover a substantial part of their losses as the chart above depcits (look at the cursor). The share price fell to N9.32 at the period but has now risen to 11.94 a 28% rise. Imagine if you had sold back then?? Be greedy when others are scared.

Tags: News ReviewOando Plc
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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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