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No Respite for Seplat As Nearly 900m Units Are on Offer For N324

About 887,906 units of Seplat are on offer in early morning trading for Seplat and at a new fire sale price of  N324.83.  Seplat closed at N342 on Wednesday and opened today at N360. However, the last time we checked there were no bids for that offer suggesting that the share price might once again go South today again. It will be interesting to see how it goes and we will be closely watching this space. Seplat has now dropped by 32% in the last 10 days alone. See table below for data on its share price and trading volumes over the last 10 days.

Date Open High Low Close Chg % Chg Vol Value
09 Dec, 2014 378.85 360 359.91 359.91 -18.94 -5 90,876 32,719,400.00
08 Dec, 2014 398.78 378.85 378.85 378.85 -1.15 -0.3 820,876 311,016,300.00
05 Dec, 2014 380 380 380 380 0 0 17,636 6,466,778.00
04 Dec, 2014 380 380 380 380 -17.11 -4.31 39,949 15,178,580.00
03 Dec, 2014 398 397.11 397.1 397.11 -0.89 -0.22 112,687 44,651,260.00
02 Dec, 2014 395 398 395 398 3 0.76 729,927 290,117,200.00
01 Dec, 2014 414.48 395 395 395 -25 -5.95 90,505 35,834,890.00
28 Nov, 2014 420 420 420 420 1.99 0.48 131,575 54,646,720.00
27 Nov, 2014 440.01 462 418 418.01 -21.99 -5 251,957 109,177,200.00
26 Nov, 2014 425 451.5 425 440 10 2.33 468,407 203,428,700.00
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