BTCL shares fall below IPO price
Tuesday, July 12, 2016
BTCL share price closed yesterday's trading at 96thebe from a peak of P1.35 three months ago
Also, this means shareholders who bought the shares during the IPO will not be able to recoup their investment in full if they decide to sell the stock today.
After peaking at P1.35 per share soon after listing, BTCL has progressively softened in the past months with sellers outweighing buyers.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...