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Online Share Trading

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2 Questions for the boffins on the forum

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Marno_1
Regular Contributor
SNV has purchased 100% of McGregor Customs (Pty) Ltd for approximately R12,5 million with effect 01 July 2008. Does this mean that SNV will have to give some sort of preference shares to all the shareholders or is it all up to the board to decide? Second question- What other effect will the acquisition have on the share price? Positive and negative?
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2 REPLIES 2
rsalie
Super Contributor
With 1,375,356,711 shares in issue, SNV has got a helluva lot to do to improve the earnings per share and thus I would say IGNORE
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Marno_1
Regular Contributor
More than 3 mil shares traded today on SNV. Anyone Holding SNV in their portfolio for medium to long term. What is the future outlook for SNV?
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