Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Down while BTI is up???

Reply
Not applicable
BTI is up over 2% and considering that REI is mainly BTI how or why is it down???
0 Kudos
6 REPLIES 6
Super Contributor
I have just bought rei at 1053.
0 Kudos
Super Contributor
It's right on support now and is oversold.Looks like a safe buy.
0 Kudos
Not applicable
i agree but why is it not tracking BTI, im not ecpecting a mirror movement but definately not in opposite directions, im trying to get in long at 1052...
0 Kudos
Super Contributor
the reason may be the Mondi finding....to explain.. because of the duel listing of mondi you have to apply to hold PLC in large amount without effecting your of shore allocations, BAT has similar set up, so now that mondis have set president those holding BAT via Reniet may be selling and buying BAT outright. OMO
0 Kudos
Super Contributor
John are u invested in REI for the long term?
0 Kudos
Super Contributor
currently in discusions with management. no shares yet.. will depend on the outcome.
0 Kudos