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Online Share Trading

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Jubliee and Breamore

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Not applicable
These shares are now obviously directly related due to the deal that will be closed out before the year is up... I am struggling in believing that JBL has not moved up from the sub R5 level. does anyone else feel as though this share should be at +/- R7 based on the fact that it hit R8 a few weeks ago, yes because the speculation was that it was going to be bought out by a bigger Platinum player. But the buying out of BRE can only be a good thing for JBL lowering costs in the long run. The rand is awfully strong which obviously isn't helping. I feel it has strengthened to much and is of fairer value at about R8,50. Any views on JBL/BRE, both longer and shorter term views?
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4 REPLIES 4
Not applicable
Braemore... my mistake
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Not applicable
Braemore... my mistake
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SKALA
Super Contributor
Still holding my JBL; happy to wait a while.
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Mr_S
Super Contributor
Same, but if BRE is bought out, and we get JBL stock in return, would that be so bad? becuase then we can at least recoup our losses from BRE. Am i right in this regard?
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