/file/attachments/2986/GettyImages-2201806902_629137.jpg "Algo Traders Kill Local Favorites: Renergen & Curro Flee JSE Chaos")
THE GREAT JSE HEIST: YOUR MONEY IS BEING SHREDDED IN PLAIN SIGHT
The Johannesburg Stock Exchange is being BLEED DRY. While you slept, two corporate giants, Renergen and Curro, were violently ripped from the board. This isn’t a normal delisting—it’s a calculated financial RAID, and the blueprint has one name all over it: PSG.
Look at the Renergen robbery. Shareholders are forced into a complex share swap with a US firm. But here’s the trap: if your shares don’t divide perfectly, you get STIFFED. Your fractional shares are cashed out at a 10% DISCOUNT. Who crafted this scheme to nickle-and-dime you? PSG Capital was the mastermind adviser.
Then, the Curro carnage. Overnight, the company was dismembered. Shareholders were thrown a confusing “basket” of assets—bits of Capitec and PSG Financial Services. Traders woke up to CHAOS, their positions hijacked into a Frankenstein “Basket Future” they never asked for. This was a PSG family reunion, with Jannie Mouton’s empire handing itself the keys.
Why does this matter? This is a DANGEROUS pattern. The “transformation” narrative is a LIE. Your value is being extracted, your choices eliminated, and your portfolio mutilated by complex paperwork designed to benefit the insiders. The architects WALK AWAY RICHER while you’re left scrambling with a calculator and a loss.
The message is clear: the game is RIGGED, and you are not a player—you are the prey.
Author: Kayitsi.com
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