Not ev­ery­one can hit the jack­pot

Finweek English Edition - - MARKETPLACE SIMON SAYS -

Af­ter the huge suc­cess of the Syg­nia list­ing, two other list­ings re­ally haven’t per­formed. Trel­li­dor has been trad­ing around the R6 list­ing price and looks set to move lower, while Bal­win* is at a list­ing price of R9.88. I got Bal­win at the list­ing of R9.88 so am slightly un­der­wa­ter and dis­ap­pointed. That said, I con­tinue to hold the stock as I do like the com­pany and ex­pect good re­sults over the next cou­ple of years.

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