BAT share nears Sh1,000 mark as most expensive stock

[Olekoima]

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In Summary

    The counter is seen as a safe bet in case of any downturn in the market due to its low liquidity. Its high nominal price means anyone looking to sell would need to find a buyer willing or able to pay a high premium on the stock, thus limiting panic selling.
    Most transnational subsidiaries and foreign dominated blue chips have frowned upon the practice of share splits that has seen valuations of some firms shoot up.

http://www.businessdailyafrica.com/BAT-share-nears-Sh1-000-mark-as-most-expensive-stock-/-/539552/2473238/-/u2ibhcz/-/index.html