‘Econet shares undervalued’

The shares currently trade at a floor price of 50 US cents on the Victoria Falls Stock Ex­change (VFEX)’s OTC platform, set when Econet delisted from the Zimbabwe Stock Exchange (ZSE).

News Editor ECONET Wireless Zimba­bwe (Econet) shares are trading well below fair value according to local equity research firms. The shares currently trade at a floor price of 50 US cents on the Victoria Falls Stock Ex­change (VFEX)’s OTC platform, set when Econet delisted from the Zimbabwe Stock Exchange (ZSE). Three firms argue that price…

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