Mrf has simply been repriced on a risk basis. Clearly R1.50 is its support level, and I expect that over the next few days its share price will start moving up nicely. Their cautionary stated that their results were going to be very very good, the market just expected a little bit more. Results due on Thursday. And obviously the cooling off in international markets came at the wrong time, hitting most speculative shares hard, check out SIM.
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