Blik, for what its worth I think this one could be for the bottom drawer. If I recall correctly Afro-C (ACT) bought a stake and with Directors like Motty Sacks, Brian Joffe, Meyer Khan in ACT you can pretty much bet they did their DD properly. If you want long term exposure to JSC also consider a stake in ACT. ACT are in the process of acquiring Lethimvula (Medscheme & Rowan Angel)which are looking at becoming the biggest Medical Aid administrators by taking out Old Mutual (MA Admin div). ACT have tanked from R2.80 to current R1.50 since the cash / share deal was announced. Offer extended to 29 May to take out minorities. ACT was only a shell a while ago maybe the forumites can shed further light.
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