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Online Share Trading

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Ouch

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sponono
Super Contributor
Penny stocks and business rescues would make you poor quickly.
0 Kudos
13 REPLIES 13
striker
Super Contributor
#NAME?
0 Kudos
kwagga
Super Contributor
Buy on rumour, sell on fact. I guess this constitutes a fact. This one is dead in the water.
0 Kudos
SimonPB
Valued Contributor
50% down not as bad as I would have expected ..
0 Kudos
BC02
Super Contributor
shame, read somewhere (in finweek?) that the owner used his own house as security for the loans. He might soon lose literally everything.
0 Kudos
BC02
Super Contributor
sorry not "owner" but CEO
0 Kudos
CHATTYCHAT
Super Contributor
Just wanting to know: under these circumstances, shouldn't the Bus Rescue option call for suspension of share trade? Case in point: Sanyati suspended share trade before applying for BR.
0 Kudos
SimonPB
Valued Contributor
it not a listing requirement, and not sure it should be .. let share holders decide if they want to stay, rather than locking everybody in for the months it'll take to resolve ..
0 Kudos
JulzM
Regular Contributor
I booked a plane ticket to fly 1time on 04/11/12,would this affect my booking ?
0 Kudos
CHATTYCHAT
Super Contributor
Free market stuff, eh? Agreed!
0 Kudos
SimonPB
Valued Contributor
depends if they still flying .. they are as of right now ..
0 Kudos
renovato
Not applicable
What are the reasonable prospects of this 1Time recovering from this situation??
0 Kudos
BC02
Super Contributor
from what Ive read it seems ultimately it will be liquidated, no chance of recovering but shareholders might get some money back.
0 Kudos
Slimgp
Contributor
So there seems to be light at the end of the tunnel.
0 Kudos