1.5m on the bid @ 11c and only 27k available at 12c. If someone wants a whole lot of these they will need to pay at least 13c now.
There we go. 13c paid.
Posted 16 July 2019 - 04:12 PM
1.5m on the bid @ 11c and only 27k available at 12c. If someone wants a whole lot of these they will need to pay at least 13c now.
There we go. 13c paid.
Posted 16 July 2019 - 02:31 PM
I'm not so sure that institutions would want a piece of this anymore..?
Nimble boutique houses & fund of funds maybe..?
5mil @ 11c when taken in context value wise not much...but agree there's some interest at least.
IMO only when they can show regular albeit slow growth will big boys return & that's only when they sort their boardroom nonsense & steady the ship with a well communicated strategy & some decent appointments.
I have some & mistakenly averaged down...don't want any more but happy to hold for the above to play out...
1.5m on the bid @ 11c and only 27k available at 12c. If someone wants a whole lot of these they will need to pay at least 13c now.
Posted 16 July 2019 - 09:36 AM
I'm not so sure that institutions would want a piece of this anymore..?
Nimble boutique houses & fund of funds maybe..?
5mil @ 11c when taken in context value wise not much...but agree there's some interest at least.
IMO only when they can show regular albeit slow growth will big boys return & that's only when they sort their boardroom nonsense & steady the ship with a well communicated strategy & some decent appointments.
I have some & mistakenly averaged down...don't want any more but happy to hold for the above to play out...
Anyone need a heads up...!
Posted 15 July 2019 - 11:51 PM
Edited by Magnet, 15 July 2019 - 11:52 PM.
Posted 15 July 2019 - 11:11 PM
Hi Magnet
Where can u get this info? In terms of who is selling and at what quantities...
Sent from my SM-G930F using Sharenet Sharechat mobile app
Posted 15 July 2019 - 10:26 PM
Posted 15 July 2019 - 06:08 PM
5million shares being traded today. Someone getting out?
Posted 15 July 2019 - 04:24 PM
Posted 13 July 2019 - 08:54 PM
Trading Statement in 2 weeks. Wonder what the load shedding done to revenues. Hopefully positive stuff as this marketcap is now less than 1/20 of revenue.
Then there must be other reasons why the market cap has suffered … Ellies is mentioned in here https://www.business...-tongaat-2019-6
Heres the important bit
There’s one thing common to all of these companies, which should have alerted investors to stay far away, says Peter Armitage, founder of the asset manager Anchor Capital. The dead giveaway was the combination of being heavily indebted and seeing slowing earnings growth.
Edited by Shi, 13 July 2019 - 08:55 PM.
Posted 12 July 2019 - 05:16 PM
Edited by Trader1, 12 July 2019 - 05:19 PM.
Posted 10 July 2019 - 02:44 PM
Trading Statement in 2 weeks. Wonder what the load shedding done to revenues. Hopefully positive stuff as this marketcap is now less than 1/20 of revenue.
Posted 12 June 2019 - 09:40 PM
Edited by Magnet, 12 June 2019 - 09:42 PM.
Posted 12 June 2019 - 01:30 PM
Maybe after a 1 to 100 share cosolidation yep.
Okay back in for a bit over a`mil shares at 12c lets see where this goes - took a while to get them. Dont think we have a company on jse earning revenues of 20x + its market cap. Simple operational efficiencies should derive a profit.
I reckon this is the unknown for results next month and could have a huge positive effect on 2nd Half profits: https://www.fin24.co...spikes-20190322
Posted 11 June 2019 - 02:05 PM
Today the sun was out which means that this share is going back to R10. Just you wait
Maybe after a 1 to 100 share cosolidation yep.
Edited by Magnet, 11 June 2019 - 02:06 PM.
Posted 11 June 2019 - 01:53 PM
Posted 10 June 2019 - 04:05 PM
Posted 10 June 2019 - 12:58 PM
Posted 10 June 2019 - 11:29 AM
Anyone holding this share now is a very brave soul
Posted 20 May 2019 - 12:02 PM
Posted 20 May 2019 - 12:01 PM
Edited by Trader1, 20 May 2019 - 12:03 PM.