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Community


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Online Share Trading

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Confidence in Abil

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jaj
Frequent Contributor
Sjoe... somebody buying 4,5 mil shares at a value of 75 mil at 17h00 today. (74 cents above the last traded price) Somebody has a lot of confidence in the company. Maybe I should hold on to my shares?
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3 REPLIES 3
SimonPB
Valued Contributor
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geordie1
Super Contributor
if u like high risk this has great upside possibility.funny how capitec seems immune to the problems in this market.I have decided to buy into the risk for some excitement.next 2 years should tell me whether I made right call
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jaj
Frequent Contributor
Multiple buyers/sellers probably with no price restriction but at market? Still plenty of confidence in the company if buyers are prepared to pay so much above the average price of the day. I noticed the price is down 4% this morning which means a straight loss of R300 000 on the 75M deal(s)
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