Mantengu hits back at JSE after being censured and fined

Mantengu hits back at JSE after being censured and fined

Mantengu hits back at JSE after being censured and fined

The company says its allegations of share price manipulation – which the JSE has rejected – are supported by documentary evidence.

Mining investment company Mantengu has hit back at the JSE after being censured last week and fined R100 000 for making what the exchange described as “speculative and unverified” claims of share price manipulation.

The allegations of share price manipulation, published on Sens by Mantengu, were not baseless, says the company.

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About Ciaran Ryan 1475 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.