I know this has been highlighted but
JSE been 1020/1050 most of day. Exc rate gbpzar of 17.77 is equivalent of 57.4/59.1p
Aim 48/50p
Why the differential so huge? Can understand a couple of pence but 33k bid on JSE so rock solid. What am I missing?
Don’t think those were hard deadlines for news, particularly when SA stops for couple of weeks over Xmas/new year. Nobody has any patience these days! Whether we sign off-take now or next month makes little difference to big picture
JSE closes the year on high. Bodes well for 2019, must admit I’m pretty excited about Q1. Still below pre-consolidation levels so lots of upside from here.
Good luck and HNY to everyone invested here
Doubt takeover until 1st coal from Makhado. Think after financing completed in March will get some interest
Chinese will ultimately buy us pre-SEZ imho
Yesterday in London we traded over 800k shares, the previous 7 trading sessions we traded less that 11,000 in total. Amazing. Wonder what percentage day traders?
Lots of newbies ramping this up and probably paid well over 50p. Truth of matter this is great news long term, I.e 5-10 years but company developing Makhado first. Many will have to sell at a loss this pm and all those talking of 200% day or £1 are deluded. Prob won’t see them again. Hopefully they may do some homework before they invest here again. Nevermind.