Usually very relucant to make specific share posting, but the graph of this share stood out like a "diamond". I did tell you guys to get in early and enjoy the ride. Your stupidity, my gain. Hate to tell you "i told you so". Russ, did you get in? Up 10% from my initial posting.
Mm, I did look at the chart, but thought the upside to this is rather limited. A trade probably not worth the risk with a company that is fairly valued. You just never know, but it's always nice to get it spot on.
Preston - Currently trading on a weak support level, and the next strong one I have around R6.80. I like almost everything about this company except the fact that directors seems to like taking large collar hedge positions and forward purchases with their own shares. It's hudgely off putting, and raise a question about why a directors would short sell there own shares. I've made a small loss with my last trade and frankly started sharing directors bearish stance on their company. I would rather not invest in a company with directors that feel the need to cover themselfs against large share price declines.