a recovery seems possible as it is trading at a critical level it presents buying opportunity


Aargggh - this damn share is proving sooo frustrating - Thought the recovery was on after the news broke that they're only going to be fined R 1.2 mill. instead of 10% of their turnover. And then what happens...they decide to appeal the ruling(-_-). I think that contributed to the price receding over the last few days along with overarching market negativity thanks to COVID.
+1 Reply
InterPracAssetM DauntlessMaverick
@DauntlessMaverick, it was my guess aswell but i think they could be room for recovery in the next coming weeks im still holding this one
I agree should be a solid company and one should expect a recovery .. they had bad publicity and 2 issue' s
1) the overcharging of PPE and pending fine's
2) the Non payment of Lease agreements
3) logger heads with Unions

Finally they extended the debt buy buying baby city ? I will hold at current price i have a stop loss at 1700
DauntlessMaverick williamhenry
@williamhenry, I assume you've stopped out by now...(",).
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