GEOFF COOK: Changing the mindset
The steady decline in listings of small and medium-sized companies on the JSE is attributable to a negative economic cycle and investor sentiment
09 January 2020 - 05:00
Believing that the SA capital market will recover when the economic cycle reverses its downward trend somewhat misses the point. There can be no economic upturn without a vibrant capital market to drive growth in the first place.
From a simplistic traditionalist perspective, the steady decline in listings of small and medium-sized companies on the JSE is attributable to a negative economic cycle and investor sentiment...
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