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SBK-Big volumes at R109.00

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DEP
Super Contributor
SBK-Big volumes at R109.00! Some good volumes seen at R109, at this price SBK has to be cheap. The chinese are buying 20% of SBK at a average price of R120, so why shouldn't we buy at R109?
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4 REPLIES 4
john_1
Super Contributor
Hey Preston.. I told you so.
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DST
Super Contributor
Its called MAA - martial arts arbitrage.

Look deep within, and see if you are a crouching tiger or a hidden dragon.
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DEP
Super Contributor
I like the chinese story. SBK wants to keep all the money from the share sale offshore. why? They have got big growth plans offshore. Watch this space.
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DEP
Super Contributor
...investors to a presentation hosted by Standard Bank Group and ICBC on 23 November 2007 which will expand on the strategic rationale of the transaction, including information on the proposed strategic co-operation between Standard Bank Group and ICBC
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