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9,142 Posts.
63
12/04/18
14:42
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I remember a co whose sp was taken all the way down to a few cents (from around 60) over a reasonably long period of time.
All it had was gold resource but no development plans etc.
Ultimately taken over by a Chinese co in the 20's, from memory.
I exited but kept an eye on it because of the reserves (in Africa) and that it made no sense to see the co's sp so low!
The sp of BAT makes absolutely no sense to me - none at all!!
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