BTCL shares jump 30% on debut
Tuesday, April 12, 2016
BTCL became the first telecommunications firm to list on the BSE last week
The company listed 1.05 billion shares on the bourse marking the completion of the country’s first privatisation of a state-owned enterprise.
The shares listed at one pula per share but moved up to P1.30 on its debut after 31,000 shares changed hands in two transactions resulting in a turnover of P40,300.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...