Between May 2015 and May 2018, the JSE Small Cap Index went nowhere. And between May 2018 and May 2020 it dropped 44.68%.
Since then however the Small Cap Index is up 29%.
That's a huge rally in just six months.
But here's the thing. It's not over yet. The small companies in this index aren't even back to the levels they traded, at the start of 2020. Never mind their 2018 highs…
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Santova is a logistics group focusing on all areas within the industry. The company has a listing on the Johannesburg Stock Exchange…
Full name: Santova Limited
Short name: Santova
Sector: Industrial goods & services – industrial transportation
Five top facts about Santova
Santova employs around 300 people working across its offices in South Africa, Austral... ››› more
“Francois, what happened to Santova today? It dropped 10% and then soared 10% instantly!”
Santova is a very volatile share. On a typical day it can swing 10% in any direction.
However, in the past six months its done even more than that, with a couple of days signalling moves from 218c to 300c and back!
So what is going on?
If you invest in penny stocks I'm sure you've felt their v... ››› more
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