Plenty of promise, not a lot of action

Companies with cash and nothing else may now list on the JSE, but they need to have at least R500m in the kitty

MARC HASENFUSS
OPENING BELL

There was a shiver of excitement in the market in early 2013 when the JSE finally relented on the unpopular requirement that precluded companies listing on the bourse with cash (initially) as their only asset. For the record, the JSE — which after all...

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