MARC HASENFUSS: A silver bridge to riches
Niche financial services company SilverBridge may be a micro-cap, but a generous payout could be on the cards for the patient dabbler
24 February 2022 - 05:00
There are small-cap companies and there are micro-caps … and then there is SilverBridge Holdings. With a market capitalisation of around R36m, even the micro-cap label looks too big for SilverBridge.
But the company is interesting for the adventurous small-cap punter, if only for the possibility that it could be a candidate to buy out minority shareholders and delist. At this point, the share — at 121c — trades barely above the 107c a share tangible NAV, which is crazy for a profitable and asset-light technology services company...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.