Jameni... Jubilee has ALWAYS been conservative... they are like Kenya's Berkshire Hathaway... they re-invest in other projects...
Jubilee needs cash to re-invest in TPSEA Rights + other new investments...
Jubilee has a large stake in DTBK as well so if they need cash, Jubilee will be ready! Also new subsidiaries in Africa...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett