NEWS ANALYSIS: Behind Lesaka’s share liquidity challenges
Trading activity from a small group of investors can result in big swings in the share price
24 April 2023 - 05:00
Movements in Lesaka Technologies’s share price last week highlight the importance of the group’s plan to increase the number of shares for trading by turning about the business and making it a more attractive stock.
The group, valued at R4.49bn, has a primary listing on the Nasdaq and a secondary one on the JSE, and uses its banking and payment technology to distribute low-cost financial and value-added services to small businesses and consumers...
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