0 Anonymous Asked: November 2, 20192019-11-02T12:08:39+00:00 2019-11-02T12:08:39+00:00In: Business & Finance, EnergyIs Aramco valuation still around $2 trillion? Would buying its share be a safe investment with high gains?0With oil prices are under downward pressure and unrest in the Middle East, would it be wise to invest in Aramco?oil ShareFacebook 1 AnswerOldestDivya Kohli 0 Questions 3 Answers 0 Best Answers 75 Points View Profile Divya Kohli Level 1 2019-11-21T21:09:29+00:00Added an answer on November 21, 2019 at The $2 trillion evaluation was the initial expectations of a 5% listing set by Crown Prince Mohammed bin Salman. The evaluation is expected to be below the target and is around $1.7 trillion.Around 3 billion shares, which account for a 1.5% stake in the company, were made available for subscription from 17th November 2019 at US$ $8 8.53 each, which is around $25 billion in IPO proceeds. However, the final IPO price needs to be established after the book-building process.The listing on the Saudi Stock Exchange has yet to be confirmed. So far, 28th November 2019 is the deadline for retail/ individual investors (0.5% shares) to subscribe, while 4th December 2019 is the deadline for institutional investors (1% shares).So far, the institutional investor’s portion was fully subscribed within five days of book building. However, there is still some potential in retail. If you are interested in buying shares, then you need to find a god local or foreign broker who can buy shares for you.A second listing is possible in coming years and can be in a major international exchange such as New York or London.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerCancel replyYou must login to add an answer. Username or email* Password* Remember Me! Forgot Password?