With the anniversary of Black Monday in October 1987 having recently passed, IM recalls the plethora of small-cap stocks that listed on the JSE during that tumultuous period.

In that year, with the introduction of the Development Capital Market, 211 companies listed. Stocks including Combined Motor Holdings, Nu-World Holdings, Spur Corp, Bowler Metcalf and Transpaco all remain listed, have thrived and, for 30 years, generated good returns for shareholders...

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