Last month Africa Eats reached a new milestone, tripling in share price from the $1.00 USD upon incorporation in July 2020 to $3.00 USD by June 2026. A 3x ROI to our initial shareholders.
If Africa Eats were a 10-year fund, a 3x return after 10 years of illiquidty would be a top decile return. But, of course, Africa Eats isn’t a fund, it is instead a liquid, publicly listed investment company, which means our shareholders do not have to wait 10 year to cash in these gains, and at the same time it means like Berkshire Hathaway, our shareholders can also choose to buy-and-hold for another six years or another six decades, expecting the share price to triple again, then again, then again.
Anyone can buy-and-hold too, or buy and sell whenever you so choose.
https://tuesday.africa/EATS
