ADW - African Dawn Capital Ltd

Sep 27, 2023 at 14:16 Twitter · Facebook

ADW share price on Johannesburg Stock Exchange

African Dawn Capital Limited (contracted as Afdawn) was founded in 1998 as a micro finance business. The company's operating segment includes investment advisory and management, and micro finance. Afdawn generates maximum revenue from the Micro finance segment. Following its listing on the AltX in 2004, the company grew into a niche finance provider specializing in micro finance and structured property finance. Afdawn wanted to reposition itself as a listed venture capital vehicle. Due to a long outstanding SARS liability that could not reach settlement on time and the failure of the Dzothe Transaction, this strategy was abandoned. All non-core assets were sold and eventually a SARS settlement was reached in December 2017.

African Dawn Capital Ltd is listed on the Johannesburg Stock Exchange (JSE). African Dawn Capital is traded on the JSE under the ticker symbol “ADW”. The International Securities Identification Number (ISIN) of JSE:ADW is ZAE000223194. African Dawn Capital Ltd is currently the 411th most valuable stock on the JSE with a market capitalization of ZAR 6.62 million.

ADW Stock Market Performance

The current share price of African Dawn Capital Ltd (ADW) is ZAR 0.09. ADW closed its last trading day (Tuesday, September 26, 2023) at 0.09 ZAR per share on the Johannesburg Stock Exchange (JSE), recording an 18.2% drop from its previous closing price of 0.11 ZAR. African Dawn Capital began the year with a share price of 0.15 ZAR but has since lost 40% off that price valuation, ranking it 365th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ADW has lost 31% of the stock’s value from August 28th to date.

African Dawn Capital is the 273rd most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 28 - Sep 26, 2023). ADW has traded a total volume of 832,988 shares—in 79 deals—valued at ZAR 100,162 over the period, with an average of 13,222 traded shares per session. A volume high of 400,500 was achieved on August 31st for the same period. The table below details the last 10 trading days of activity of African Dawn Capital on the Johannesburg Stock Exchange.

Profile of African Dawn Capital Limited

African Dawn Capital Limited operates in the Financials sector, specifically, the Financial Services industry.

ADW Industrial Market Competitors

African Dawn Capital Limited, issuers of the ADW stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Financial Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange