Yes, but remember they were allocated at KES 2.17 pre consolidation, implying KES 8.68 minimum break even

have been doing research on KQ as well as buying slowly. just realized that minority shareholders own
only 2% of kq, around 130million shares.
with just 1million shares you become top 10 shareholder.
With that distribution of shares somebody big have been exiting at 5.50 only two individuals have such huge shares or a kq lender
On profitability last year was a milestone with first
gross profit in many years, and half year was even better with first net profit since 2013. ON that we expect first net profit in many years. may be michael joseph and team are doing wonders and we are likely to see a better kq going forward though we don't expect dividend in near future.

KONGRATULATIONS TO @Obiero

Kes 5.4B profit it is.

You have ashamed us, the naysayers!!!

We were about to witness a very good rally early in the morning with more than 3m demand betwen 5-5.50, but
i witnessed somehow "sellers" trying to compete who will put a lower price, buyers panicked and withdrew and now those sellers have no option but to sell lower and lower. we could have easily clocked a volume of more than 10m and price way above 6. Those sellers missed a very good opportunity and they might wait for many months for another opportunity or exit at a very low price.