WeBuyCars shines on its JSE debut
Shares eclipse the offering price to close at R20.40, pointing to investor confidence
11 April 2024 - 20:41
WeBuyCars Holdings made a sparkling debut on the JSE on Thursday, reflecting the company’s growth trajectory from a local start-up to a major player in the used car market.
Shares in the company, which was spun out of Transaction Capital, opened at R20, eclipsing the initial public offering price of a R18.75 in what could be seen as indicative of investor confidence in the company, whose roots are firmly planted in the soil of entrepreneurial spirit...
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