Not everyone can hit the jackpot
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.