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Consolidated Infrastructure Group - CIL

Was wondering whether anyone can provide their views on why CIL keeps losing ground. The share price is down to levels last seen in 2013 when their HEPS was half of what it is today and it is already down from last year Novembers rights offer price of R19.30. Could it be that the drop in HEPS compared to the previous period is the cause of the sell-off or is it that their prospects have dwindled down to nought and this share is going to turn out to be the proverbial dog share ......

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