MARC HASENFUSS: Spurred into action
I still hold that Spur is a perfect investment vehicle for a black empowerment investment company that requires a strong dividend underpin
One of the best little businesses on the JSE — and a company most readers have probably never heard of — is likely to be quietly delisted fairly soon … and probably with minimal fuss.
Indequity, a (highly) specialist insurer, will offer its few remaining shareholders 800c a share in a buyout offer. This can’t be a huge surprise: the group has been buying back its own shares with some vigour of late, and the free float in the already tightly held shares has become even more restrictive...