STABLE7 Jul 2023 08:48
The price of Beximco shares on the Dhaka Stock Exchange has remained unchanged for weeks at Taka 146.20 (=£1.05),
yet there are varying amounts of trades each day. I consider a stable share price as solid faith in the Company. Unlikely to go down, more likely to go up from that level. At £1.05 (translated price today) in Dhaka, our Beximco GDR shares here at 36.5p today, are at just one-third of the level in Bangladesh, yet our Dividends are precisely the same.
Make your own judgement...
(I happily own plenty, long term).