the Britam share price drop is punishment for mauritian govt interference with private businesses. The share cn only track its original path after the sale of Rawat/Dawat holding. If Rawat/Dawat surely knows their govt will go for the hammer then its common knowledge to effect price fall nd maybe the buyer my be funded by the same investors through the mny vehicles they hold or own.
With Dangote moving to Eastern Africa, Britm could have approached him to catch the sale.

Hooray!!!!!!
Britam abandons claim against Acorn in Sh5bn out-of-court settlement
Hooray!!!!!!!!!!!!!

Interesting .two contradicting stories about who won and who lost. Reminds me of Mayweather and paccio fight.all claimed they won the fight.

Golden handcuff indeed. The market forgots very fast. When the ponzi director was exposed that's when the price accelerated downhill. This acorn lawsuit was just a side show. It's been a nice drama all in all. The overhang still remains the Mauritius govt stake which assumed that significant ownership. Until that stake settles down, the price will struggle to regain and sustain bullish drive.

@Realtreaty Absolutely true given the timing of announcement of out of court settlement between Britam and Acorn in order to conveniently corner Mauritius government's intention next month of offloading its stake in Britam. Kikuyu investment gurus have undoubtedly conspired to squeeze Mauritius authorities on Dawat holding in a mala fide settlement at throw away price less than kes 20 per share. The Britam Kenya tycoons plot to buy the mult billion stock later after applying the much-hyped knee jerk reaction of out of court arbitration maliciously primed to push share price near kes 20 per unit when the bear is rife in the market. I think this Britam guyz are smart in clinching blackmailed deals. They know if this opportunity is lost an outsider would otherwise take up the stake at astronomical price of kes 27-33 per share. Isn't it this wisdom of the jungle?