So much commentary on the share price movement however it is simply based on no volume. I could make this move up 40 percent tommorow on less than 50k investment I would imagine.The share price is meaningless right now as this is too low volume.
What matters is why the delay, but it's 2 weeks and it's africa.
We didn't get to approved for the minster to undo it. That would completely disregard the constitution.
All discussions concerning the approval process is hearsay and guesses. It certainly is not investing as nobody knows.
I hate to believe our discussions here are making long term investors sell out early.
The investment case remains in tact this is africa! It's not unprecedented to have a 2 week or even a month delay, I would be worried after 6 months, not a few weeks
But I doubt we have to wait 6 months noting they met the gov this week, next week feels right.
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Open | High | Low | Value | Volume |
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1 | 40000 | 0.038 |
1 | 100100 | 0.037 |
1 | 101428 | 0.035 |
1 | 100000 | 0.015 |
Price($) | Vol. | No. |
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0.049 | 25000 | 1 |
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