Great few weeks ahead15 Jul 2018 17:01
Remember Ncondezi got to over 12p last year when we were close to a deal with SEP
There has been around 8% dilution since
But now we are on the cusp of a better integrated deal with improved economies and with better partners in GE/CMEC
So it is easy to see how a minimum of 11p is justified now
That is 28% upside for someone buying now
Never mind the strong likelihood of coverting a JDA this month or in just 2 weeks
The freefloat is shrinking all the time
Scott Fletcher MBE has taken over 3%.How many others have nearly the same,as well as all the insiders
Market makers are going to have a challenging week,especially given they may already be short of stock
Bravo Hanno
TTP