Activist investor Harry Smit on the deal proposed by management

Loading player...
The Ascendis Health Activists grouping represents investors that use social media to establish a unified voice. Their representative - Harry Smit - joined the BizNews Power Hour and said "We do feel the deal on the table is a much better transaction than business rescue and we'll be supporting the proposal" Learn more about your ad choices. Visit megaphone.fm/adchoices
13 May 2021 10AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
29 Jun 12AM 15 min

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min