Unashig has 220 shareholders, who own a combined total of 2,390.61 issued Class A (CA) and Class B (CB) shares -- out of a total of 7,000 authorized shares . Issued shares translate into an average of 10.97 shares per holder. Each share has a "Purchase Value" of KES 2,000/-, or US$18.16 at the current exchange rate of US$1 = KES 110.12. Thus, the combined "purchase value" of all issued CA and CB shares currently stands at KES 4,781,223.00 (or US$43,418.30).
At close-of-day on Tuesday, December 15th, 2020, the portfolio of NSE-listed securities in which the cash value of these CA+CB shares is invested -- that is, to which their market value is pegged -- had a valuation (net of remittance and trading charges totaling around 2.3%, and before the most recent cash infusion is remitted to the broker and, further, before all the recently remitted to the broker is committed to specific quoted shares) of KES 4,762,293 (or US$43,246.39. That represents an apparent net capital erosion of 0.4%. This small erosion is significantly outweighed by factors already mentioned, as well as the dividends to which the investments already made entitle Unashig in 2020 and, even more so, in 2021 and beyond. [NSE = Nairobi Securities Exchange]
READ: List of Unashig Shareholders at close-of-day on December 15th, 2020
ALSO READ: List of Unashig Shareholders at the end of November 2020..
NOTE: A narrative of Unashig's founding, in the very recent past, can be read here. An end-of-year Shareholders List will be issued on or around December 31, 2020.
