Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Reinet

Reply
Contributor
Any views on this one. my understanding is that the depositary receipts listed on the JSE represent 1/10th of the shares i.e. 10 for 1. The stated NAV per share in their results is R303.25 which means that the DR's are effectively trading at a discount of about 35% which is surely too wide. Any thoughts?
0 Kudos
5 REPLIES 5
Super Contributor
Discount around 24%, which is in line with companies like these.
0 Kudos
Super Contributor
At current FX rates, the NAV is about R32 per share. Discount is around 38% which is very wide.
0 Kudos
Super Contributor
At current FX rates, the NAV is about R32 per share. Discount is around 38% which is very wide.
0 Kudos
Contributor
EUR is leaving REI behind. Wonder if it will catch up.
0 Kudos
Super Contributor
I like REI - but am buying through my Auto share Invest account monthly - but like Unit trust investing...aim to keep for the long run, or my daughters varsity fees!
0 Kudos