Telemasters has been listed on the JSE since 2008 and has thus far not had the best performance in terms of share price.

The stock closed its first week of trading at R2.85 a share and has since lost 75% of its value. The recent economic hardships have taken their toll as profit attributable to shareholders dropped to just over R1m in 2019, one-third of what it was in 2018.

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