Forget it, share is too illiquid -> barely R 2000 traded yesterday, 135k today, you are better off better to put your money on the roulette. IMO rather buy Sasol for now, the strong winter in Chine, US and EUR cause high demand for oil products...check the price increases for the last few days, BFS shall never give you those returns in a week!
Hi Simon I own a 275 000 BFS shares bought at 104 on average. I see no point in selling now. I have noticed that ABSA no longer denies the rumours involving their possible furhter involvement to increase their lower income client base compared to 24 hours prior to a flat denial. "no comment" means something. I also see BFS spokesman refuses to answer besides stating they are in negotiations with a number of parties. Please explain a rights issue in laymans terms. What will this mean for me. I think a rights issue is just around the corner. I also am a long term investor and 10 years plus is fine with me. Thanx for the help. Thank heavens I invested in AGL at 18500 so my loss isn't 100% on my portfolio.