Almost like playing roulette

de Klerk, Vic
November 2009
Finweek;11/26/2009, p31
The article discusses the nil-paid letters on the Johannesburg Stock Exchange (JSE), which offers opportunity for investors and traders to make a profit in South Africa. It cites one of the conditions and privileges of nil-paid letters, in which the holder can apply for a surplus allocation or extra rights. In addition, if the full application for surplus shares is granted, the profit could be good, which is just five days after the investment was made.


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