Mixed signals scar investor

The JSE is investigating a complaint by an MTN investor who burned his fingers amid confusing signals from the company. The investor told Business Times he had sold his MTN shares for less than R139 after the company denied rumours it was in takeover talks. He said he had expected the price to drop, but it soared above R160 after the Financial Times reported MTN was talking to communications giant Bharti Airtel. - Zweli Mokgata

The JSE is investigating a complaint by an MTN investor who burned his fingers amid confusing signals from the company. The investor told Business Times he had sold his MTN shares for less than R139 after the company denied rumours it was in takeover talks. He said he had expected the price to drop, but it soared above R160 after the Financial Times reported MTN was talking to communications giant Bharti Airtel. - Zweli Mokgata

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