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British American Tobacco: Running +95% in 21 Months + All Time High (Above R1000)

  • Writer: Lester Davids
    Lester Davids
  • Aug 22, 2025
  • 1 min read

Research Notes 25 - 29 August > https://www.unum.capital/post/r2529august

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The extract below is from a note to clients on Wednesday, 06 December 2023 at 53198c, highlighting both a manual view (channel) as well as the price action model reading. Within just under 21 month, the share has gained 95% and trades above R1040, an all-time high.


02 September 2024


As re-iterated on Monday, 29 April:


As discussed in December:




Lester Davids

Senior Investment Analyst: Unum Capital

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