Keep an eye on JSE Monday.......25 Aug 2019 10:07
It will be interesting to see what happens on the JSE on Monday as at the bell on Friday a buy of
5,739,000 shares occurred at 2c a share which cemented in effect the SP at 2c on JSE which equates to .0010 on the LSE . With the LSE being closed on Monday all eyes will be on EUZ on the JSE no doubt.
Now this may not be in everyone’s interest on this BB to know but a few salient points I would like to point out.
The above transaction cost the buyer ZAR114,780 which equates to GBP 6,152 . SO this transaction has already taken place at 0.0010 …. The MCAP of EUZ on the JSE is R 239,537,526 which is in GBP 12 875 347…6.3% of the total stock of EUZ is held on the JSE.
On The LSE on Friday something strange happened as well at the bell…..a trade of 274,285
Shares at 0.0007 to make it the closing price……
Co- incidence or not…..but someone is not letting the MM’s have their own way at the moment but certainly a good time to be holding a good few of these shares at the moment.
Lets see what transpires over the next few days but hopefully positive for all....GLA.