Investors and traders of shares will have an additional option and added variety of stocks to choose from on the Ghana Stock Exchange (GSE).
This follows the latest listing of investment firm Mega African Capital on the local bourse.
The firm which last month made a restricted share offer of about 1.3 million of its shares at a price of 3 cedis per share was made available for trade yesterday morning.
In less than a day of listing, the firm indicates the share is already undervalued and hence will pose a significant opportunity for investors.
Managing director of the company Kwesi Amonoo Neizer speaking to Citi Business News at the opening ceremony of his outfit’s listing said the firm should have quoted the share price at over 4 cedis.
Meanwhile managing director the Ghana Stock Exchange, Kofi Yamoah tells Citi Business News, MAC’s listing will improve the supply side of trade on the bourse.
By: Anim Kwaku Boadu