Welcome aboard, another step in the right direction. Let the passive buying begin. Observations from the last week or two, most of the selling has been from panicked traders and automated bots due to market volatility and the buying has been absorbed by large in the know blocks. I wouldn't be surprised to see a change in substantial holding soon. Overall it is weathering market turbulance and consolidating well.
Very glad I got rid of any tech exposure last year most of which trade at ridiculous multiples (few exceptions) if they make any money at all (how was zip ever a 6 billion dollar company! Etc etc). A good time to be holding an underpriced soon to be strong cash flow company at the right time with the right people. The market now wants value, cashflow and dividends (I believe this is on the horizon).
Looking forward to construction update in the coming weeks and some news on the Tanzania front.
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