Well MSSRS Cassiano-Silva and Naude have been in the hot seats for over a month now, plus it has been a month since the financial year to 31/05/14 ended, so surely we are due at least and operational update. I've seen the video where Euan declared how close the company was to profitability, but now he's upped and gone - did they need to get in a new bean counter to find out what the real situation was or is this just a bedding in period for the newbies and news is just around the corner?
1 Jul '14
Two things : First of all, the bid price has hardly moved, it's the ask which seems to have come down, hence the spread, which was 15%ish, has collapsed. Secondly.... as Brenty said, Just What is Going On ? No, seriously, why is this such a disaster when in theory it's got so much going for it in terms of assets, sector fundamentals etc. ?
1 Jul '14
Only way to describe this car crash of a share, miserable news flow and heading only in one direction. Hint- not up. Abysmal and for what should be a cash rich company really quite shocking. Just what is going on? White Nile part two?
23 Jun '14
is absurd and much wider than normal for this share. I would have thought it would have put anyone off buying or selling (unless out of panic). What's the MM's thinking behind this ?
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.