15/11/2022
Capitec is rolling in it; R8.4 billion in profits last year. $1m invested in Cepitec Bank in 2002 at an exchange rate of R9.7/$1 vs R0.99c per share at the time is worth R19.7 billion today.
The question is do you have that long term investment perspective? I had an opportunity to liquidate 460 000 $BNB at $14.30 and you know what I did? We shouldn’t be having this discussion today if you don’t.
You should be happy you got into DafriBank early, your DBA could be used as a collateral in South African Reserve Bank - DafriBank Digital Mutual Bank Application. We are working on a 20-year business plan!