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Sasol seals Canadian deal

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Charles23
Contributor
How will the sasol share price react to this acquisition??
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7 REPLIES 7
Alonzo7
Frequent Contributor
I heard that the Sasol's Board is planning to have a Party ....(using some CAPEX spend) this will therefore have a negative effect on Bottom Line Earnings resulting in the share price heading South....(I'm afraid but it seems like the Share Price will Drop quite considerably over the medium to longer term UNLESS they sell off their Refinery in Secunda or maybe sell their Head Offices & opt to rent office space instead). LOL...Charles (just kidding)...We do not know what the share price will do, BUT it will most like head North over time.
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SimonPB
Valued Contributor
but we do know how the share price react to this acquisition .. coz it is news in the pibic domain, so check the chart .. how did it react ??
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Rams
Super Contributor
he he he....Simon, what domain is that "pibic" or "pubic"
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BlueDolphin
Frequent Contributor
If you think that spelling is funny, check on home page "MSM buys back ..."
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Terra
Super Contributor
Eina...Mandatory corpoarte evnt wherby MSM buys back 51% of shares at R148.This event has been processed onto aco*****. Quantities have been reduced by 51% and clients cash balamnces credited with R148 per share.
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BlueDolphin
Frequent Contributor
five speling errores in such a long senetense is not taht bad!
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manicks
Regular Contributor
Sasol is a very well run company, propreity tech ctl gtl, good management, strong balance sheet and with further weakenin of rand will be quite positive for the share. Its a definate buy at these levels for sure
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