I would be surprised if this share hold @15/- The reason for my skepticism is because the share holders who have 2.5% and who are restricted from trading their shares until 12 months is over, are only 4 holding less than 30% of the shareholding.
3 of these shareholders are govt and Govt agencies.
The other thing is the level of debt about 100M is supposed to be serviced within five month.
I know Uchumi is a gem but expecting it to trade @ 28 -30 is just a pipe dream that can only occur if a reputable strategic investor buys it.
We are also forgetting that the share has been diluted by 32.18%.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3