Froneman is a smart guy, says Piet Viljoen. 'He's flying a kite to see what will happen'.
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Recently, Sibanye CEO Neal Froneman put out an invitation to AngloGold and Gold Fields to merge, in what he said would be 'in the national interest'. Piet Viljoen, fund manager of the Counterpoint value fund, weighs in on Froneman's statement. Sibanye and AngloGold are both in the Top 10 holdings of Viljoen's fund.
When asked whether a merger would be in the interest of investors, he said 'I think shareholders should sit back and see what happens'. Learn more about your ad choices. Visit megaphone.fm/adchoices
When asked whether a merger would be in the interest of investors, he said 'I think shareholders should sit back and see what happens'. Learn more about your ad choices. Visit megaphone.fm/adchoices
