well, first point, I would hardly call this a serious decline. A couple of percent off your purchase price shouldn't worry you. Unless you are trading, in which case you might want to look for more volatile stocks. Investment wise, this is a long term keeper IMO. Their last book building exercise was, as far as I can tell, largely to get the reserve bank off their backs, and the secondary listing (Germany, isn't it?) is what will help catapult SHF). It will unlock value in their operations and hopefully get them rerated by more aggressive EU fund managers
Since the ABB (advance book build) this share has fallen from R60. I wonder if they are contemplating buying Ellerines. Wish Mouton and Co would say something and give us some direction.The Dax has not performed well this year so thats another worry as well.