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Online Share Trading

Engage and learn about markets and trading online

AXL -AFRICAN PHOENIX

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Contributor

HMMM...  I trust everyone is enjoying this? 40c to 65c in a blink!

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Super Contributor
Unfortunately no CFDs on this one, if there were I don't know what would have happened, maybe run harder? I bought 200000 @ 47 and don't think will buy anymore, just waiting for the new financial year to offload the old ABL lot I've been holding so as to offset capital gains on some stocks I want to sell. Hoping to cash in my MRP (cfd) before month-end, looking for +/- 175. Has been my best year ever as far as my CFD trading goes, little doubt that even if practice doesn't make perfect, it goes a **bleep** long way to getting close to it.
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New Contributor

What do you reckon is a fair price for this ? 

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Contributor

Probably R1,5 or so BUT a profit  is a profit and nobody ever lost money taking one (to parahrase Mr. Baruch {bless him.})

The market is littered with stocks trading below value.

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