On Tuesday, AYO Technology Solutions' share price opened at R3.50, before slumping to just 3 cents. Before the end of trading, two deals pushed the share price back to R3.50. Shares in the Iqbal Survé-linked IT group AYO Technology Solutions tanked as much as 99% during trading on Tuesday. At the time, the Public Investment Corporation invested R4.3 billion in the business, an information technology company in Survé's Sekunjalo stable. Apart from a calamitous collapse in its share price, its JSE listing has been marred in other ways.

Source: News 24 May 04, 2022 02:55 UTC