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Online Share Trading

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Optimum Coal listing!

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Chutney
Occasional Contributor
Hi, anyone following the optimum coal listing on the 29th? if so would it be a good buy and flip share, you know buy as it lists and then sell 2 days later hopefully with a nice profit! and were could i find the listing price for this share? W
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2 REPLIES 2
fdewaal
Contributor
According to SENS , the price was fixed at R32 which is way down to the share value. I am tracking this and would not be surprise to see a 30% jump on Monday.
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THRESHOLD
Super Contributor
Notwithstanding your "buy and flip" approach; do you want to be invested in what would appear to be yet another bailout listing? The again - it might just flybecause it says "coal" and its new.
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