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Online Share Trading

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Share price drop

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shel
Occasional Contributor
What's up with the massive drop in price?
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5 REPLIES 5
AJ_
Contributor
Nigeria devaluation of currency and drop in oil price
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shel
Occasional Contributor
So when do we get in, sure it will pull back...
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AJ_
Contributor
No one knows the answer. Price dictated by supply/demand
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Not applicable
Sharp drop in oil price dictated a decrease in Nigeria's interest rate. Once that happened their currency weaken which in turn will bring less revenue to MTN which hold a major part of their business there.
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steve_1
Frequent Contributor
Slowly recovering...
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