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Phuthuma Nathi confirmation and Standard Bank valuation

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SEC_MAN
Frequent Contributor
Hi Guys. I just verified myself on Phuthuma Nathi website. There are a number of companies that valued the share price. SBG Securities valued it at R124.00per share. Do yourll think this is a good price?
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6 REPLIES 6
suki
Super Contributor
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SEC_MAN
Frequent Contributor
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kicc
Frequent Contributor
This is a good price but i seriously doubt whether you will find a buyer at these levels - most investors tend to stay away from unlisted shares. But lets wait and see on the first day of trading on 8 Dec 2011.
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suki
Super Contributor
wow, never expected this much. u couldn't wait neh?
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SEC_MAN
Frequent Contributor
lol Suki, i only waited Fiiiive years.
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JulzM
Regular Contributor
valued at 100-130.....but after the discount because of it being unlisted and finding buyers,probably will sell around 80,90
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