Yup as per my screen now Rant down 27 cents today alone and SARB don't announced interest rate move/non move until tomorrow
Just a quick summation is that the top 10 shares by value have traded a figure of +/- R 4.00 billion today - that seems significant
Lots of pain down the line?
Some interesting figures (ex Sharenet) of value of transactions:-
10/03/2016 R 22.86 bill
11/03/2016 R 20.79 bill
14/03/2016 R 20.21 bill
15/03/2016 R 21.42 bill
16/03/2016 R 19.74 bill
Wonder how much of these funds are actually leaving the country permanently or awaiting re investment dependent on the strength of the Rand over the next 2 weeks.
Another rather damning statistic is that the IEC states that if addresses are compulsory for all voters then 65% would be ineligible to vote. If they have to get addresses in terms of the Con Court ruling then it would take them until 2019 to correct their records. So will be interesting to see how the Con Court handles this as there is a lose/lose situation at play. Lets see if Mogoeng Mooeng is a real justice person or just another Zuma flunky - interesting times ahead of us
