All that being said presto, I still don't see why the SP is tanking so horribly - way out of proportion to the market in general. they could be far more proactive - issue a statement re the black-empowerment group and how stable they are in South Africa, a director could buy some more shares, they could get more media coverage - information is very thin on the ground - we waited six weeks for yesterday's announcement and many were undoubtedly expecting either the upgrade itself or the BFS for Kangala. The sell side is still very thin, fortunately, so one white knight could ride in and swallow up the 30s.
Management's behaviour, I hate to say it, smacks of one of those 5c penny dreadfuls.
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