JSE and Liberty Coal reject Mantengu’s price manipulation claim
The bourse says the miner’s allegations about its involvement are ‘vexatious and without any merit’
12 May 2025 - 17:49
UPDATED 13 May 2025 - 16:41
The JSE has rejected a criminal complaint by Mantengu Mining after being accused of manipulating the group’s share price, saying its staff will not be dragged to court over the dispute.
In a statement on Friday, Mantengu accused JSE representatives of borrowing and replacing stocks owned by Mantengu’s largest shareholder to conceal a “naked short”, whereby shares are sold by a trader who has not bought or borrowed them. ..
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