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Suspended???

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Contributor
Anyone knows why?
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16 REPLIES 16
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Not applicable
Its 13 % today but not sure what the JSE rules say about this .. surely it should see this as a free market system.
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Contributor
i agree...are there any cap on increases on shares...i wonder?
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Not applicable
Will trading resume on this?
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Contributor
see latest sens new...deal with total
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Valued Contributor
if a share moves wildly it may go into a volatility auction, but you don't get suspended merely for moving ..
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Regular Contributor
Trading again...
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Not applicable
Yes Correct the SENS was quite late . TOTAL in with a 60 % deal with SACOIL..see the rather long SENS. Maybe we'll see 280c to-day.
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Contributor
still reflects as suspended...no trades allowed...any views?
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Regular Contributor
It's been trading furiously since about 13:20 - check the trades
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Contributor
just phone 0860121161 and they will sort it out.
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Contributor
any views on the drop in price
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Super Contributor
Glad I still held onto a few. Seems this deal with TOTAL is good, plus the Nigeria deals puts SCL into a different game. So add on dips!!!
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Not applicable
My own personal view is that this type of stock is too risky to trade. It has no assets and is fueled purely by hype. I don't have a problem with hype, but a stock that is so pumped up like this one - what do you think will happen if a pin *****s the bubble - like maybe we find out how much the total deal is really worth? Buyers pull out toot sweet, and holders are left with massive spreads on which to exit. Sell before the fact if you are trading - that is my advise
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Contributor
a lot of clever people posting on sacoil i notice
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Super Contributor
First time I look at the graph. This share performance has been absolutely amazing !!!
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Not applicable
spec share, best thing is to leave it in the bottom draw and forget about it.
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