RE: I cannot sell a bean22 Mar 2024 17:02
Barhut
The price is depressed its at stupendous levels because sdx cannot take money out of egypt like other companies but what we have seen is that if you follow the news, egypt is close to signing deal with Imf, UAE are prepared to invest $30bn and now the EU are prepared to give egypt $8bn. The things are changing fast in egypt. The funny thing is sdx stated they hope to close WG by end of Jan and complete whole payment by end of q1. Now q1 end is just around the corner what if we get neww then.
SmellyBen states he owns a lot of shares, hes an FD lets say sdx goes in admin now they will recouperate alot more than 8m. SDX purchased moroccan asset and NW Gemsa for $25m back in the days from administrators.
Lets see what happens.