ICEA sees value in Fahari at the cheap prices. Skin in the game. I applaud that.

Of course, they may have other plans eg Ndegwas selling their properties to Fahari at "full price" in exchange for discounted shares.

Who remembers their attempt to sell dying Ennsvalley to Unga for shares in Unga?
Then they "convinced" the compromised board to pay 700mn for lousy Ennsvalley.

Yeah the paid it back in April I think. This is one stock I'm curious about - this 'cautionary announcement' I think involves the selling of the vacant building, but does it mean other properties will be added? Who knows. I don't know the risk/reward ratio for owning it.