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NCC reduces fine to $3.2bn

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Valued Contributor
still massive and Nigeria wants it by month end .. MTN also shuffles management, but it too late, that ship sunk already
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22 REPLIES 22
Super Contributor
But I think it will recover some of it's losses, probably be back in the 170's by year end
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Sling
Occasional Contributor
my view back to R130 year end
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Super Contributor
I think R120 could be a target for MTN.
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Super Contributor
@kwagga, no sideward from here. R120 is too cheap for this giant.
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Super Contributor
@kwagga, no, sideward from here. R120 is too cheap for this giant.
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Super Contributor
Not cheap according to TA and their chart. That's were we're headed.
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Super Contributor
i see my R120 target soon.
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Super Contributor
And my 170 disappearing into the sunset!
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BONNIE_1
Visitor
MTN will settle at R150
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Valued Contributor
no NCC says err no fine will be S3.9bn-$4.0bn ..
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Super Contributor
What does BONNIE say to that?
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Eurostar
Contributor
My conspiracy theory, the CEO made a deal with NCC that he would default and get a HUGE fine so long as he got a cut. Nice way too exit the company with a big payout :)
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Eurostar
Contributor
My conspiracy theory, the CEO made a deal with NCC that he would default and get a HUGE fine so long as he got a cut. Nice way too exit the company with a big payout :)
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Sling
Occasional Contributor
fek, looks like R 130 by the end of this week.
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Valued Contributor
yawn, any evidence aside from ?!
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Super Contributor
Simon.. Doing business in Nigeria looks like playing the lottery.. Theres absolutely no rational explanation for this 500million dollar increase.. Its sounds like someone woke up and decided... hey we gave too much of a reduction.. What stops them waking up tomorrow and cancelling the whole reduction.
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Eurostar
Contributor
Lol Simon, its called thumbsuck ;)
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Super Contributor
Simon.. Doing business in Nigeria looks like playing the lottery.. Theres absolutely no rational explanation for this 500million dollar increase.. Its sounds like someone woke up and decided... hey we gave too much of a reduction.. What stops them waking up tomorrow and cancelling the whole reduction.
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Super Contributor
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