Emmy🥷✝️

.

[Emmy🥷✝️ @OxSat_oshi]

Only one freaking way

[Quinten | 048.eth @QuintenFrancois]

Bitcoin during the World Cup ⚽️

[Emmy🥷✝️ @OxSat_oshi]

The millionaire of the millionaires

[Elon Musk @elonmusk]

@iam_smx *trillioniare

[scar @imfat]

remember when it starts to work, shut your f*cking mouth

[Emmy🥷✝️ @OxSat_oshi]

@onu_slim This is true

[Emmy🥷✝️ @OxSat_oshi]

@SweetBoyEki @StfuSmog 😂I wonder o😂

[Emmy🥷✝️ @OxSat_oshi]

Dangerous flipping for this world cup ✍️✍️ games

[Wolf of NGX @ngx_wolf]

Davido’s recently deleted social media post may have been a temporary lapse in corporate discretion, but for the Nigerian capital market, it provided the most definitive receipt of the year.

By posting a picture of the unexecuted private placement form for the Dangote Petroleum Refinery & Petrochemicals FZE, the Afrobeats star accidentally handed the market the exact coordinates of Africa's most anticipated listing.

While the form itself was blank, the printed offer parameters were highly telling: the private placement is structured around 3 billion ordinary shares priced at $0.35 (35 cents) per share.

Here is the breakdown of what this leak means for the upcoming Initial Public Offering (IPO) and the valuation of the refinery.

The Private Placement Valuation Math
Using the prevailing exchange rate of ₦1,373 per US Dollar as a benchmark, we can calculate the exact domestic cost basis of this early-stage capital round:

1. Price Per Share (In Naira):
$0.35 × 1373 = ₦480.55
One pre-IPO share is priced at approximately ₦480.55.

2. Total Value of the Private Placement Tranche:
The total value of this specific 3-billion-share private offering is approximately **₦1.442 Trillion** (roughly $1.05 billion).

Narrowing the IPO Pricing Band

In corporate finance, private placements executed ahead of a public listing are typically offered at a strategic discount (usually ranging between 15% and 30%) to compensate early anchor investors (such as possibly his friend Femi Otedola, who has reported requested a $100 million stake) for illiquidity and execution risk.

If ₦480.55 represents the discounted, pre-IPO entry level, we can logically project the public listing price on the Nigerian Exchange (NGX) to land within the ₦600 to ₦800 per share corridor.

This pricing strategy has major implications for the market:

1. Democratic Market Liquidity: At ₦600 to ₦800 per share, the stock remains highly accessible to retail investors. Unlike elite, high-priced peers like Seplat (which recently crossed the ₦10,000 milestone) or Aradel (trading above ₦1,200), a sub-₦1,000 entry price ensures massive retail volume, deep order books, and healthy post-listing liquidity.

2. Implied Total Valuation: If Dangote Group plans to float approximately 10% of the refinery’s equity to raise up to $5 billion, a private placement of $1.05 billion (representing ~2% to 2.5% of the company at this stage) aligns perfectly with the target overall valuation of $40 billion to $50 billion.

The Wolf’s Verdict

The leak confirms that the valuation of the Dangote Refinery is not built on speculative hype but on precise, dollar-denominated assets.

Buying in at the private placement rate of ~₦480.55 is a structural advantage, but even if retail investors have to wait for the official public listing in the ₦600 to ₦800 range, the long-term outlook remains incredibly robust. Given that the refinery is already operating at a massive scale and generating USD-equivalent revenues (with dividends promised in USD despite buying in Naira), this will undoubtedly become the anchor asset of the Nigerian capital market.

The speculation is over. The pricing corridor is set. Position your cash reserves accordingly before the September bell rings.

The game is the game. 🐺

[Emmy🥷✝️ @OxSat_oshi]

One to keep an eye 👀

[Emmy🥷✝️ @OxSat_oshi]

Nblll

[Marques Brownlee @MKBHD]

Google Lens was so ahead of its time, sheesh

[LeBron James @KingJames]

Maybe It’s Me

[Emmy🥷✝️ @OxSat_oshi]

@nattyace__ @dave_nuga U later open m?

[Emmy🥷✝️ @OxSat_oshi]

Shits just be aligning..

[вαвαѕσяєƒυηмι🌟 @dave_nuga]

Another way to create a uk account without VPN, this method is easier and faster imo . A thread 🧵 ✅
Step 1 and 2
To change the Location, tap on Nigeria and search for United kingdom

[Dan Kulkov @DanKulkov]

you just need $9.99 weekly subscription and 125 Americans with really bad memory

[Emmy🥷✝️ @OxSat_oshi]

@just_deji_ Talents de waste for this country

[Emmy🥷✝️ @OxSat_oshi]

@deylowkey247 Na em actually

[Emmy🥷✝️ @OxSat_oshi]

Why do homo sapiens have to make things hard for each other

[Emmy🥷✝️ @OxSat_oshi]

Involve me

[superdad @udysznx]

as i dey trade, i dey bet, i still dey bomb, and i dey look for wetin i go thief join.

if you get any illegal deal wey go bring generational wealth, abeg involve me.

[Emmy🥷✝️ @OxSat_oshi]

@jeoboydi Do the calms, we still de, and we believe you go win wetin pass this one

[Emmy🥷✝️ @OxSat_oshi]

Different market, same risk

[Nipherme @NiphermeDave]

Every crypto bro i know has now pivoted fully to sports betting

State of CT