• Global, South Africa
• Cartrack, Circular, Karooooo, Nasdaq, Prospectus, Scheme of arrangement
• April 6, 2021

Corporate actions aren’t always easy to understand. Some are fairly straightforward (e.g. Company A is buying Company B) and others are horrendously complicated (like Cartrack’s big move to the Nasdaq). I first wrote about Cartrack on October 18th, 2020. At the time, it was trading at around R45 per share. Cartrack isn’t a company I had paid much attention to …