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Ghost Biz - 30 October 2025
A busy week on the JSE, with big retail struggles, fresh fintech optimism, and another delisting on the cards. Gary and the Finance Ghost discuss: Pick n Pay as turnaround troubles deepen while5 65 stores close. Losses persist while Shoprite strengthens its hold on market share. Astoria – Joins the exodus from the JSE as investment holding companies continue to face steep NAV discounts and low investor appetite. Optasia – New fintech listing shows promise, with FirstRand taking a 20% stake — a rare bright spot for the market. Canal+ & MultiChoice – The squeeze-out is underway, clearing the…
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