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Online Share Trading

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Sol

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Not applicable
If u did not get the chance to invest in Sol this is probabbly the best to to go in
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10 REPLIES 10
Not applicable
If the SASOL BEE share issue is at R366(might not have my figures correct), then current price is pretty damned close.
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Super Contributor
I have to admit that all of my TA is pointing to Sasol being ready for a bounce, both the oil price, and the share oversold and the rand due for a spell of weakness all bode well for a run on Sasol.
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Super Contributor
If the price goes under 366 then those that bought will say that they have been tricked in by the government
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Super Contributor
Ah,sol,where are you going?
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Frequent Contributor
I think its probably going to rally off major support at 367 to form the final shoulder of a nice H&S formation ?
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Super Contributor
haha wizzard i agree wit u, but the fact is that most of the people who invested in this BEE deal don know the first thing about Sasol,they jus invested cos everyone else was, i guess its not such a bad thing though cos SOL is bound to rise over the long term rite?
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Super Contributor
It will rise over the long term...but some questions will be asked about the performance.'Sasol is making us poor'...'Sasol scheme is fraud' and stuff like that will come out.politics u know.
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Contributor
BEE price of R366 is inclusive of all costs. Don't think the SOL trading cost will go lower than R366 minus charges.
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Frequent Contributor
Yes, most people just push all their cash into Sasol as if it were going to make them rich in 10 years. Even worse were those that invested in the funded option.
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Not applicable
I disagree it is still a good investment, i think expecially if you went big on the funded option, considering if the price stays above the strike price that at the end you will get to own the full sasol shares at the market value and you only paid out a small fee and the rest was finance of which you did not have to lift a finger to pay back come on!
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