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.
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.
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