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Online Share Trading

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CAE sens

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Not applicable
Does this sens say that Shaun bought at R 2,7 and sold at R2,37.
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9 REPLIES 9
Not applicable
as far as I can see,he has gone short.
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GdM
Frequent Contributor
I think he's hedging his position rather than speculating on a fall-out. As far as I can remember per the annual report, he is still long on ca R100m of stock
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Day_Trader
Regular Contributor
To me it looks more as if he sold shares at 239 and then re-invested in SSF's at 270c!Simon?
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dimitrius
Regular Contributor
Yup, Rai swopped 10 million shares for 100 000 contracts. Intersting.
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GdM
Frequent Contributor
VERY ballsy, especially in this volatility... What is he thinking?
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Day_Trader
Regular Contributor
He knows the REAL value of CAE. PE of 5.8, And he knows they are going to gain all the shares regarding the money-printing casino-side... So go figure...
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Yogi_1
Occasional Contributor
SSF on CAE are long only, no shorts - see Demitrius comment lower.
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Yogi_1
Occasional Contributor
In the sens of 25 june the financial effects of that transaction gives earnings per share, and HEPS, of over 80 c per share; does that mean a P/E ratio of 3 at current 250 c price - for this period?
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dimitrius
Regular Contributor
Man, what an unlucky day to go long 100 000 contracts. The day the dow has its second biggest drop of the year.
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