Pick n Pay is free

  • Thread starter Thread starter Daily Investor
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Daily Investor

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Pick n Pay is free

Pick n Pay’s market cap is significantly lower than the value of its 65.6% stake in Boxer, which means you essentially get Pick n Pay Stores for "free" if you buy the stock.
 
  • Haha
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Pick n Pay is free

Pick n Pay’s market cap is significantly lower than the value of its 65.6% stake in Boxer, which means you essentially get Pick n Pay Stores for "free" if you buy the stock.
Hahaaa, as if it were a bargain........there is a good reason why no-one wants it and it is thus free. Note to self.....do not follow the advice of "Daily Investor" as it will lead to "Daily Bankruptcy"
 
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