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Hi Bricks, also sitting with a bag of Jubilee shares.... and agree JBL on JSE follows LSE... so the R5-00 for EUZ does not seem right.... should be closer to R1-80 - R2-00. So would appreciate your view on this.. :-)
Bricks, ... spoke to Sharon. nothing more than she already told you.... basically it is a mess and somebody at JSE will have to figure out how this is going to be fixed. So for now it is just sit and wait.
so yes Bricks, i partially agree with your analyses.... i just cannot see that buyers will also not be impacted... ?? It also seems that certain trading platforms where blocked because of a supposed "halt" in trading and others not. My pre consolidation shares are still not adjusted to post consolidation...!!!! what a mess!!!!!!!!!!!
Bricks... i wanted to buyyyy ... and buy a lot!!! :-) I agree that sellers can/will have a problem if they sold shares that they basically do not have(pre consolidation shares). I was trying to buy but my transactions just showed active but never executed.... so between the broker, the trading platform and JSE i am trying to get an answer!!! The other question is what are they going to do where a buyer bought shares... but those shares were shares that a seller did not rightfully own..???
@Bricks and @Mokgone, i use Sanlam Itrade and i sent them an email to find out what is going on because none of my transaction where executed.... (at a big loss for me) ... I also received the same reply that Mokgone posted... so is guess we will have to wait and see what the JSE is going to do..... all very murky to me!!!... or rather ... clear as mud!!!
Bricks, account with Sanlam Itrade and using Iress as trading platform.... number of share are still showing pre consolidation but value is @ 30c. So my portfolio is saying i can retire this weekend :-)
Bricks, seems that JSE is not aware of the consolidation... my holding is still showing my original number of shares. Wonder if the large volume on JSE is people thinking they are trading their original number of shares. If that is the case they are going to get a surprise when the JSE figures out they have traded shares that they don't have!!!!
Skinner, the only logical explanation is that this bonus is pre-paid bonus for their performance that hopefully is going to happen in 2017 :-)))))) ....... it cannot be for their performance in 2016..... impossible!!!!