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There are many reasons to sell equity, but only one to buy. Now this doesn't mean only lemons are on the market, but generally proven businesses with a bright f
by supertrope 8y ago
There are many reasons to sell equity, but only one to buy. Now this doesn't mean only lemons are on the market, but generally proven businesses with a bright future aren't for sale unless at a very steep premium.
- jjeaff 8y agoThere are plenty of cases where very legitimate business need to sell stock to raise capital. But SA does not need capital. So looks to me like a way to extract additional wealth from the world before it becomes even more obvious that SA will fail when oil slowly becomes irrelevant.