Price is dropping after this morning's SENS

[Maggie]

Is this a bargain or a HUGE risk? Opinions

[#2]

20% down.. Looks abit fishy!!

[#3]

But then again, Its worth a chance.. I Got in on some at R1.15..

[jack12]

Massive gap down, worth a gander, cant find and bad news

[232926]

something to do with their subsidiary allegra being put under curatorship, there is talk that the cautionary is about offloading allegra dont know how true it is. Took a huge smack right after the SENS yesterday

[#6]

Small risk but TA says oversold but stil dropping. Interesting SENS. maybe market expected more.

[#7]

Shareholders should be happy allegro was the only part of the company keeping it from flying. I got a bit greedy this morning and missed some good spec profit. I tried to get in at 110c but it did not get that low. O well i still hold some for the long term. I will be happy to see them offload this part of the business ...

[#8]

I got in at 115, out at 130..Thats 12.4% in 6 Minutes.. Then got back in at 120 just now!

[richardw]

The first bit of news here:
http://www.moneyweb.co.za/mw/view/mw/en/page295046?oid=314522&sn=Detail&pid=1

...seems to indicate it's a bit of an option. The price is low because there's a chance it could go under if dragged down by CMM. If it doesn't because it's ringfenced well enough, it's a huge win.

[Maggie]

Just noticed that since middle of June 09, all of the directors dealings have been sales. Perhaps they know something we dont.

[SimonPB]

they mention this mess with their results of months ago .. just seemingly nobody really reads the results ??