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Community


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Online Share Trading

Engage and learn about markets and trading online

MARAFE

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Not applicable
Can anyone tell me why Marafe is not following the Market upwards? I have been reducing my avg cost since I came in at its peak of around R1.62 & now have a cost of R1.49
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4 REPLIES 4
Super Contributor
They had to shut down some capacity china , they facing a big north easter lots of blue bottles stings , and they got lots of stock on the leash drowning them at the same time
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Valued Contributor
MRF is a small cap and it is hardly a barometer for the overall market .. such as when it ran massively hard earlier while the market lagged ..
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Super Contributor
This share will problably not shoot out the lights for the next year or so. Price down, sales down, low demand. On 80% capacity currently. Eskoms price hikes will problably not help either.
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Not applicable
Thanks for the help!
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