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Online Share Trading

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Current Shareprice, short term and long term moves

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Werner_1
Super Contributor
What are the general thoughts on this one at current levels? rebound or crash and burn? lets discuss? my opinion is that its a good price to acquire for long term, but if a market crash were to come we could see a bit more downside... lets see... i am keen to hear your thoughts?
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2 REPLIES 2
WES
Super Contributor
I am worried about the effect of additional shares issued from the rights issue in the short term. The effect will only be clear after the 26 sep. There could be a short term drop, as happened to Steinhoff. I can be wrong, and the recent drop already had that factored in, but if you are uncertain best to wait and see.
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Rams
Super Contributor
i see value at R57.62...thats my entry for long term.
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