mlennyma wrote:Ericsson wrote:mlennyma wrote:Ericsson wrote:Superprime1 wrote:VituVingiSana wrote:From 15-ish to 13 and back to 15.30 in a week?
Is Biwott's family selling some of the shares?
Questions! Questions! Questions!
184 million shares have changed hands at 15.30 just now; it must be them again.
368mn shares traded equivalent to 25% of the issued share capital traded in less than 2hrs.
CMA the toothless dog quiet
Is it a crime to sell a big chunk?what do you want CMA to do?
There should be material announcement
I need VVS to explain this volume
Looking at the Shareholder List (FY 2017 Annual Report) and this can only be the "family" either selling out or redistributing the shares. The FY 2018 shareholders' list will look very different.
I hope the buyers are "new" buyers since they will now be in charge and will want to make money on their investment. A takeover at a significant premium eg at 22-24 would be a nice treat
Under Ohana, KK has done well and I am staying in to enjoy the profits, dividends and hopefully a future buyout at a fair price!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett