G4S Botswana Loses 24.1% of Stock Exchange Value

Written by Makula Dunbar

Jul 24, 2013

While the security group has seven other topics on the agenda of its 34th AGM, all eyes are due to focus on item number two relating to the consideration and adoption of financial statements for the year ended 31 December 2012. Since the New Year, G4S Botswana’s share price on the Botswana Stock Exchange (BSE) has shed 24.1 percent in value as at Tuesday, being the Domestic Companies Index’ biggest loser.

In the three-day post-holiday period last week, G4S Botswana was again the BSE’s biggest loser, shedding four thebe and continuing the downtrend seen since the publication of its 2012 results in April.The current share price of P4.40 is G4S Botswana’s lowest since the group’s share split was effected in September 2011.