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IVZ media thread, page-5931

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Polyh

747 Posts.

151

09/03/24

15:59

Post #: 72827551
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Originally posted by Davy Boy: ↑

Let’s face facts here.
Zimbabwe is just in the first steps of trying to undo itself from the Mugabe despot.
It’s not at all surprising that there will be a massive hang over from that period.
Anyone who is invested here should understand that Africa is still the wild west to some degree and the idea that in the space of a few years suddenly Zim would become a model citizen is just idiotic.
I personally see these sanctions as a massive positive because they target those who have to lift their game……it’s easy to have sanctions against the country when they don’t effect you personally it’s a different story when they start hitting your own back pocket.
Targeted sanctions are far far more likely to have a positive outcome than sanctioning Zimbabwe.

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After some thought about blowback I am reporting that my reliable contacts in Zimbabwe are saying there are rumors and some texting about a possible coup. These rumors are usually false, but have been correct on some occasions.

Hopefully nothing happens and it is just some sort of ZANU-PF jousting or drunken outbursts.

It could be the specific USA sanctions against Mnangagwa have weakened him and emboldened his opponents.

IVZ Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.7¢		Change -0.001(1.14%)		Mkt cap ! $123.3M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.4¢	$496.7K	5.718M

Buyers (Bids)

No.	Vol.	Price($)
2	10998	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	400000	1

View Market Depth

No.	Vol.	Price($)
2	10998	0.087
1	100000	0.086
1	14457	0.085
8	364119	0.084
4	383830	0.083

Price($)	Vol.	No.
0.089	400000	1
0.090	250000	1
0.091	315000	2
0.092	325000	2
0.093	360000	5

Last trade - 16.10pm 30/07/2024 (20 minute delay)

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