PHANTOM SHARES: The Finance Ghost: CA Sales Holdings delivers the goods

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Never heard of CA Sales Holdings? Well, it’s time you did.

 

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MICHAEL AVERY: Market sceptical about SA Taxi turnaround shtickBehind the share sales by David Hurwitz and the share purchases of Chris Seabrooke So the market should be, schmooze only fools some of the people some of the time. Recalibrate the balance sheet carrying values to lower of cost and net realisable value and its a horror show. The lenders are going to have to make a call soon. TC Ltd. could catalyse systemic risk
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