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THE FINANCE GHOST: Old Mutual’s BEE deal disservice

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Old Mutual’s new black ownership scheme offers a 15% subsidy on entry to retail investors. Is that enough? By FinanceGhost

The universe of listed broad-based BEE schemes is so small that just a few paragraphs will suffice in describing some of the more popular choices.

Sasol’s scheme trades as SOLBE1 on the JSE. The shares are identical to Sasol shares but have restricted ownership. The resultant liquidity discount drives a higher earnings yield on these shares, so they are more attractive to qualifying black shareholders than SOL shares without restricted ownership...

 

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THE FINANCE GHOST: Old Mutual’s BEE deal disserviceOld Mutual’s new black ownership scheme offers a 15% subsidy on entry to retail investors. Is that enough? By FinanceGhost FinanceGhost Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
Source: FinancialMail - 🏆 20. / 63 Read more »

THE FINANCE GHOST: Old Mutual’s BEE deal disserviceOld Mutual’s new black ownership scheme offers a 15% subsidy on entry to retail investors. Is that enough? By FinanceGhost
Source: FinancialMail - 🏆 20. / 63 Read more »

THE FINANCE GHOST: Old Mutual’s BEE deal disserviceOld Mutual’s new black ownership scheme offers a 15% subsidy on entry to retail investors. Is that enough? By FinanceGhost
Source: FinancialMail - 🏆 20. / 63 Read more »