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Hi Snap, whats your take on this share, it has failed to break the R58 mark, it keeps bouncing between R56 and R58. What is the new support price ?
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The government is considering selling at least part of their 40% stake in Telkom to finance Eskom. Such a sale would flood the market and seriously affect the price and people started panicking. I am not impressed by the casual way this idea was was thrown into the market! One might even wonder if someone did not make a fortune going short on it...
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