Who buys this counter and what reason..please educate us

Hypothesis No. 1
Maybe, its because its cheap .
Suppose you have 60,000/-, you can get ~19,000 Eveready shares at 3.10/-, whilst at the same budget, you can only get ~100 BAT shares at 585.00/-.

Now put that logic to a Wanjiku!!!!!!

Hypothesis No. 2
Property value (esp. the land the factory sit on along the Nakuru-Eldoret Highway). Add the scrap metal you can salvage if you close the factory.

This is just a maybe!!!!

Hypothesis No. 3
Suppose they are re-inventing themselves, and this information has been leaked to the "blessed" few, i.e. they are setting up a Condom/diapers manufacturing plant.

NeverReady is a play ground for traders. There are people who make real money from this stock. Buy - sell - make 10%; Buy - sell - make 15%. Repeat 5 - 10 times a year. Do the math.

Let those with eyes see!

And the broker loves such fellows!!! They are the ones who pay for rent and recurrent expenses.

But the trader has to sell at 14% to get his 10%.