Chris Logan unpacks Cartrack's 'complicated transition' to Nasdaq

Loading player...
Chris Logan joined the BizNews Power Hour to unpack Cartrack's listing on the Nasdaq. Logan has been invested in the company for quite a long time, making him well-placed to explain the listing. The company provides tracking devices for vehicles, for fleet tracking or recovering stolen vehicles. "In many ways, it's been a misunderstood share on the JSE. Ownership by South Africans has declined consistently. Foreign investors who appreciated the growth potential have bought up most of the free float. it's eventually culminated in Cartrack moving its primary listing to Nasdaq". Logan explains the complicated transition over to Nasdaq. Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Apr 2021 4AM English South Africa Investing · Business News

Other recent episodes

Jasmine Opperman: Hamas-SA: 14 Bitcoin wallets

In this week’s NdB Sunday Show, intelligence analyst Jasmine Opperman of Fulcrum Analytics, reveals to Chris Steyn that there are 14 active cryptocurrency wallets linked to Hamas in South Africa. “We know that Hamas has offices in South Africa. We know that they allowed freedom to move…And that there are…
13 Sep 7AM 18 min

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min