Analysts recommend G4S Share split

"Investors are currently facing market liquidity constraints with G4S," says the research note. "With only 8 million shares in issue, lack of transferability remains a concern. "This is further worsened by the fact that the company's share price of P34.30 is too high, rendering it unaffordable for retail investors. We believe a 10 for 1 share split would help promote transferability and liquidity, as well as facilitate the acquisition of the company's shares by small investors."

If G4S followed the analysts' recommendation, it would become the second company to have a share split after Letshego' 10 for 1 split last year, which has resulted in the latter being one of the most active and liquid counters on the BSE.