Total Desperation setting on in Safaricom and Kenol.
Bid is still very weak in almost every counter.
eg Kenya re Total bids at 488,000 Against 25,000 but price range between 15-15.10.
Equity Bids at 768K against 400k but price range between 31.50-31.50 and etc
Clearly buyers are still in control.More dip in the index.
And btw noted all counters are setting to the early feb price ranges before the election euphoria
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”