MaichBlack wrote:mkonomtupu wrote:Cartoon says it's a falling knife
Mpaka wapi???
@mlennyma , @maichblack.
I too had eyed it at 35 during rights. at 30 it corresponds with 46.00 before rights. the rights were overvalued.
but never the less. this is a clear indication of a major correction or bear.
If this is just a correction, any price Above 25 but below 30 is a steal.
in extreme bear sentiment, I would start getting interested at 20.00 and below. considering in 2011 it was at 13.00 and net asset value at that time at 24.00. so below 16.00 ( current NAV) in a proper bear can be in scope.
The investor's chief problem - and even his worst enemy - is likely to be himself