Since July 2010 the ZAR has depreciated from "6.4ZAR: 1AUD to 7.2226ZAR: 1AUD. Is there any milage in the hypothesis that "selling into the ASX" releases more bang for your buck if your living in Jo'burg - due to the depreciating rand??
Also - it doesn't look too good to the cadres back at headquarters if you are seen selling off the BIG asset you have been given guardianship over. Far easier for all concerned if you offload onto the Ozzy market - cos no one inJoburg really cares about them..........
bang, page-7
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024