Investors, financial Analysts and stock brokers in the house, please help out.

Why should I invest in Oando rights issue considering her performance in the last three years, predicted fall in oil prices,plus the organization seeks to use 52% of the funds to retire loans and 45% to part finance new acquisitions.
The assets purchased for which the loans were taken, I am yet to really see the income generated from them.

This is a lay man's view I need more professional analysis. You can find details of the rights issue and performance on www.oandoplc.com.

Thanks.

someone should give an insight into this please. I also bought oando shares some years back at 68 naira /share. I guess now, it's less than ten naira/share. My money tied there.

*bump

http://www.easykobo.com/News.aspx?id=1437

So-Brit you may want to look at this.

??

My critical look at this situation and price chart of OAndo is Capital no unless you are longterm investor hope with the company.
I will want to buy when the stock is arround N33.