point wrote:I wonder if there are any fundamentals underpinning the share price rise?
Read through this thread.. The answer lies herein. The fact is that there is KQA worth ABP KES 21 and KQB of known value KES 8.32 hence KES 67B fair valuation which can only be achieved via rights issue.. In the interim, KQA which is the tradable portion of minority shareholders can rise to highs of KES 18 and beyond. Watch and learn
COOP, IMH, KEGN, KQ, MTNU