AGL

[Flyguy]

AGL to sell off assets in Rustenburg plant valued at 450m, offer of 650m on table.. could there be 1 more spike upwards to R 155 mark before we see a pullback? Any views ?

[Flyguy]

Haha guess not...

[THRESHOLD]

Personally -I was convinced AGL would take a smack yesterday - and then definitely this morning... but NO! So I bought some back this morning at R132's and IMP at R50. Probably better than being in the Rand long term - as long as you are always buying them back for less than you sold them for.

[Russ]

As long as you are selling them for more than you buy them at-it doesn't really matter when you are buying them!

[THRESHOLD]

Y - but there is that good old time factor of course.

[Russ]

I still have faith in imp. I also added a few today.

[Flyguy]

Thanks threshold... also stocked up some.. but by the looks of it might be more downside tomorrow