I have to confess I had no idea luxury brands conglomerate Richemont had consolidated its shares.

I’m usually pretty up to date on such key corporate developments, especially in shares I watch closely. When I saw the R3,000 share price, I guffawed and thought: “Finger trouble.” I found out later about the consolidation via friends and family who are, or in one instance were, invested in Richemont. ..

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