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Community


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Online Share Trading

Engage and learn about markets and trading online

Sanyati

Reply
Not applicable
If these guys paid dividends i would go in in bulk, it is supprising that they released beyond excellent results but the share price is hovering near it's lows
0 Kudos
4 REPLIES 4
CHATTYCHAT
Super Contributor
It's bnecause they didn't declare a div. Strategy should be to give some cash flow back to the investors. I am also of favourable opinion, but opted out because they didn't arrive at expectation.
0 Kudos
Samir
Super Contributor
BEE investors bought last year and were locked in for a year. The lock in has recently just expired. People who bought with gearing have to exit. The deal was for 50m shares if I rememeber right.
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Not applicable
Does that make it a good buy at current level then?
0 Kudos
Samir
Super Contributor
I would think so. But ,I am currently trying to offload my shares though(cos i'm stuck for cash)
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