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SACOIL PREDATOR

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Not applicable
Does anybody if the JSE investigation request by Robin Vella into SCL predatory trading / short selling has been released.
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6 REPLIES 6
Valued Contributor
it won't be released to general public. And anyways expect nothing, short selling is not illegal, nr is hype buying .. it is called a market ..
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Not applicable
Thanks Simon.. ok so why would they request the JSE to look into the transactions ?
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Highlighted
Super Contributor
called smoke and mirrors.
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Not applicable
Because Robin and co, are massively exposed at around 240 odd. So naturally, they are trying every last resort they can to unpack why the share price is tanking so badly. Interestingly enough, another old hand on the trading seen, Greg Blank, was also caught on the wrong end of this.I have to agree with Simon though, unlikely to find share price manipulation on this, IMO
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Cuervo
Occasional Contributor
I will keep my eyes open for anything on that. It would be interesting to see if anything does happen. The share price is moving upwards though which is a good sign.
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phd
Contributor
If the Sacoil directors would get off their *****s and do some work, instead of just speculating, their share price might do something positive. Until they actually have something tangible to show to the market, the market will not be impressed.
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