Enter the asset raiders?
enX, mainly the old Eqstra, has a new set of shareholders – and a battle brewing over some lucrative assets
18 June 2020 - 05:00
On paper, the emergence of a new set of influential shareholders at enX late last month might reignite hopes of a rapid value unlock at the industrial conglomerate.
enX, after all, trades at about R5 a share — way below its last stated intrinsic NAV of around R16...
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