Loading ...I agree South Africa is an inferior place to invest. So only use some Vegas money, not bulk money. Usually I start with a small bet, and if it goes up I double the shares, and if I see 5-10% again, ill double the shares again, and if it starts looking bad I sell out all.
The only explanation I can think of re falling PGM prices, is falling car sales? Less PGMs needed for the stupidly expensive unneeded PGM “muffler”. My car mechanic friend shoed me one that was always $400 and now $2700.
Re SBSW they were originally Gold miner, but good thing is they absorbed Stillwater mining PGM in the USA, Montana I think. Lots of wild cards we’re dealing with. Imo this whole global economy is in “transitory” mode LOL.