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Online Share Trading

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ABIL

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Big_Bucks
Super Contributor
Anyone know how long ABIL will be suspended for? and if it will start to trade again?. feel for the investors (or should I say gamblers ) that were buying like their is no tomorrow if their cash is now frozen
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7 REPLIES 7
Happy
Contributor
I Don't get it, why would you buy into a stock that is freefalling when there are hundreds of other stocks that you can buy that will make you money and preserve your capital?
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koos2
Super Contributor
Cause i can. Cause if this turns i double the "mad money" ie i will take those odds.
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SimonPB
Valued Contributor
likely a couple of eyars
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Quakedog
Super Contributor
As long as it takes to recoup the loans!!!!! Whaaaaaaaaa!
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Not applicable
what odds would those be exactly? A company with a R450m market cap - requires a R10bn bailout. How on earth can you possibly think you can make money in such a scenario?
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SimonPB
Valued Contributor
thing is that share holders in a bank that had to be recaped should not expect to make any money .. at best they can maybe avoid a 100% loss in time
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klapka
Super Contributor
Ordinary shareholders down the pecking order too. Preference shareholders would get a bigger bite.
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