WATCH: Tongaat’s shares rally on sweet developments
Business Day TV speaks to Chris Logan, founder of Opportune Investments
12 July 2022 - 21:14
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A Tongaat Hulett sugar cane field. Picture: BLOOMBER/WALDO SWIEGERS
Tongaat’s shares have seen a recovery of late. The improvement comes after the embattled sugar producer’s deal with Magister fell through, and follows its appointment of turnaround specialist Piers Marsden as its chief restructuring officer. Business Day TV spoke to Chris Logan, founder of Opportune Investments, for his analysis of the recent rally and whether it can be sustained.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Tongaat’s shares rally on sweet developments
Business Day TV speaks to Chris Logan, founder of Opportune Investments
Tongaat’s shares have seen a recovery of late. The improvement comes after the embattled sugar producer’s deal with Magister fell through, and follows its appointment of turnaround specialist Piers Marsden as its chief restructuring officer. Business Day TV spoke to Chris Logan, founder of Opportune Investments, for his analysis of the recent rally and whether it can be sustained.
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