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Transcentury share swap with Aureos on EA Cables
hisah
#21 Posted : Monday, March 03, 2014 5:05:53 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
dunkang wrote:
Ain't this confirming to us that they are using money obtained from selling RVR to CITADEL to buy more E.A Cables?

This is not a bad idea. They just break even in RVR, dispose their share, invest elsewhere.

And the world copper prices in 2013 at the LME behaved this way!



Nice copper cartoon this one. A retest of 8000 looms. That means expensive copper prices. What does that mean to EACL on raw material costs?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#22 Posted : Wednesday, March 05, 2014 7:05:37 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
EA Cables had a share split of 10:1 in Sept 2006. Any idea what was the price before the split

Fyatu
#23 Posted : Thursday, March 06, 2014 9:24:46 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
how do i post charts??
Dumb money becomes dumb only when it listens to smart money
mwekez@ji
#24 Posted : Thursday, March 06, 2014 9:32:02 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
WTF! That spike in 2006!?!



Thanks @Fyatu
Fyatu
#25 Posted : Thursday, March 06, 2014 9:34:08 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
thanks to you too @mwekez@ji.....
Dumb money becomes dumb only when it listens to smart money
dunkang
#26 Posted : Thursday, March 06, 2014 10:11:30 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
mwekez@ji wrote:
EA Cables had a share split of 10:1 in Sept 2006. Any idea what was the price before the split



I clearly can't remember the exact price during the split day, but around 3rd-5th Sept 2006, it was at around 645/-.
Receive with simplicity everything that happens to you.” ― Rashi

jawgey
#27 Posted : Thursday, March 06, 2014 3:48:26 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
dunkang wrote:
mwekez@ji wrote:
EA Cables had a share split of 10:1 in Sept 2006. Any idea what was the price before the split



I clearly can't remember the exact price during the split day, but around 3rd-5th Sept 2006, it was at around 645/-.


645/- ?? Are you kidding? Sad
Seeing is believing
mlennyma
#28 Posted : Thursday, March 06, 2014 4:00:00 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
cables traded at 650
"Don't let the fear of losing be greater than the excitement of winning."
dunkang
#29 Posted : Thursday, March 06, 2014 4:13:01 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
jawgey wrote:
dunkang wrote:
mwekez@ji wrote:
EA Cables had a share split of 10:1 in Sept 2006. Any idea what was the price before the split


I clearly can't remember the exact price during the split day, but around 3rd-5th Sept 2006, it was at around 645/-.


645/- ?? Are you kidding? Sad

When it comes to matters investment, jokes kando. Check what happened between 4th Sept 2004 and 4th Sept 2006, i.e. excatly 2 years.

Receive with simplicity everything that happens to you.” ― Rashi

Angelica _ann
#30 Posted : Thursday, March 06, 2014 4:39:00 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
After sthe plit by 10 cable traded to around 95-110 which is like over 1,000 bob pre split. That was the market then!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Fyatu
#31 Posted : Thursday, March 06, 2014 5:25:43 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
this kind of bull run will only be experienced in Zimbabwe after grandpa Bob leaves the throne
Dumb money becomes dumb only when it listens to smart money
FUNKY
#32 Posted : Thursday, March 06, 2014 6:05:26 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Angelica _ann wrote:
After sthe plit by 10 cable traded to around 95-110 which is like over 1,000 bob pre split. That was the market then!


If I am not wrong they have also issued bonus shares once or twice after the split.
murchr
#33 Posted : Thursday, March 06, 2014 8:17:22 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Will we ever see such days?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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