Big news from Hope Capital as Chairman LukeConnell Vanderverre delivered some mixed sentiments to the market towards the end of today. Movements continued throughout the day slowing up towards the end after the news. (ALL30%), (DDE23%), (HCB-29%), (HCL17%), (MYT-33%), (SUN26%)
- Alluris Estates (ALL) gained ground on news of positive future plans. Up today to $L2.30
- Delicious Demar Enterprises (DDE) rallied as investor confidence continued in one of SL''s strongest companies. Ending the day with $L3.34
- Hope Capital Bonds (HCB) on the back of the WSE announcement, investors jumped ship as news that no bond interest would be paid until at least February 2008. The share dropped significantly with a few trades hitting $L82.01
- Hope Capital Ltd (HCL) recovered from recent losses as focus resumed on the positive. $L0.75 is slowly creepy back to a respectable price
- Mythlands (MYT) suffering from day-trader blues lost ground finishing on $L0.02
- Sun Media Consultants (SUN) continued the upward motion at $L0.49
- (BEX) slipping back to the IPO price of $L1.00
- (BMC) lower volumes but room to move at $L0.12
- (DDE) The strongest of the WSE stocks and as always a long buy. Accumulate @ $L3.34
- (GAL) dropping to the lower end of the spread, profits abound at a $L0.29 buy
- (HCB) I suspect plenty of movement as shareholders who were hanging around for quick bond interest move onto something else. If the price drop below $L100.00, snap them up
- (HCL) should start on the road to $L2.00 and beyond over the coming months. Still a bargain @ $L0.75
- (RLX) steer clear as a recent mass sell-off below $L0.01 from a major shareholder could spell "delist"...
SW
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