Just a question about the Inzalo shares that seems too good to be true...

[Mr_S]

I was doing a little reading and came across this paragraph: 'The cash offer (SOLBE1) was simply ordinary shares offered at a discounted price, which means shareholders receive the same dividend and have equal voting rights as SOL shares. At the end of the empowerment period SOLBE1 shares become SOL shares in a ratio of 1:1.' - To me this means if i purchase 100 SOLBE1 shares on the inzalo trading platform today, wait for the empowerment period to end, my 100 Inzalo shares will be automatically converted to 100 sasol shares at their trading price at the time? Which could be for example R600 per share? lol this really seems too good to be true considering the SOLBE1 shares on the Inzalo Platform are trading at R36.00 today...am i missing something

[SimonPB]

is't lock in 10 years from inception which was 2008ish ?? an the dividend will go to pay the debt initially ..

[Mr_S]

Simon, i figured that out after doing a little more reading, i wasnt under the impression that there were 2 types of Inzalo shares. The ones trading on the platform seem to be less attractive though...thanks for your reply

[#4]

Standard bank online do not deal in SOLBE1 (BEE) shares, so who do you buy them from, without incurring monthly account fees.

[#5]

Standard bank online do not deal in SOLBE1 (BEE) shares, so who do you buy them from, without incurring monthly account fees.

[#6]

Standard bank online do not deal in SOLBE1 (BEE) shares, so who do you buy them from, without incurring monthly account fees.